A Gini of 0 implies that:
a. every family has an equal amount of income.
b. the top 10% of the families appropriate almost 100% of the total income.
c. the bottom 90% of the families have only 10% of the total income.
d. the bottom 20% of the families have 80% of the total income.
e. only 1 family appropriates the entire national income.
a
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A) anchoring B) herding C) signaling D) sniping
The net present value of a project is calculated as
A) the future value of all cash inflows minus the present value of all outflows. B) the sum of all cash inflows minus the sum of all cash outflows. C) the present value of all cash inflows minus the present value of all cash outflows. D) None of the above
A vertical demand curve has an elasticity of demand equal to zero
a. True b. False Indicate whether the statement is true or false
Nominal GDP increases
What will be an ideal response?