China's income inequality as measured by the Gini coefficient
a. has about doubled since MaoÕs time
b. is greater than South Korea and Taiwan
c. is low because China is a socialist country
d. is less than that of Europe
e. a and b are correct
E
You might also like to view...
Which of the following is a characteristic of stock?
A) Stock represents ownership in a firm B) Stock represents a promise to repay a fixed amount of funds. C) The face value or principal plus interest is repaid at a specified period of time. D) The length of coupon payments is fixed by the stated maturity period.
The MRTS for isoquants in a fixed-proportion production function is:
A) zero or one. B) always zero. C) always one. D) zero or undefined.
Marginal revenue is the change in:
a. total revenue resulting from a one unit change in output. b. total revenue resulting from a change in marginal cost. c. price resulting from a one unit change in output. d. none of these.
A lack of current saving can be offset by borrowing, but the availability of borrowing is limited by the prospects for future saving
a. True b. False Indicate whether the statement is true or false