In the United States, the distribution of wealth
A) is the same as the distribution of income.
B) is more unequal than the distribution of income.
C) is more equal than the distribution of income.
D) is equal for all families.
B
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If in the third quarter of 2016 total investment spending was $4,768 billion and depreciation was $3,292 billion, then net investment was equal to
A) $1,476 billion. B) $3,292 billion. C) $4,768 billion. D) $8,060 billion.
A monopolist sells 100 units at $10 per unit and 90 units at $15 per unit. The marginal revenue from the tenth unit is
A) $1000. B) $1350. C) $100. D) $350.
Is it possible for a currency to appreciate relative to another currency, and depreciate relative to a third? a. No, this is not theoretically possible; a currency rises or falls against all others. b. No, although this could occur under a strict gold standard
c. Yes, this is possible in a world of floating exchange rates. d. Yes, in theory, but it does not happen in reality.
Involuntary part-time workers are:
A. discouraged workers. B. counted as unemployed. C. considered out of the labor force. D. counted as employed.