In the figure above, the second poorest fifth of all households receive what share of all income?

A) 10 percent
B) 20 percent
C) 30 percent
D) 40 percent


A

Economics

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Jessica paid $6,200 for a bond with a face value of $6,000. She will be paid $350 annually as long as she holds on to the bond, until the bond's maturity date. The yield on the bond is

A. 5.6 percent. B. 5.8 percent. C. 15.6 percent. D. 2.0 percent.

Economics

The division of labor refers to

A) the separation of blue-collared workers and white-collared workers. B) finding the best order of performing tasks. C) the separation of workers into union workers and non-union workers. D) the assignment of different workers to different tasks.

Economics

What are the reasons for preferring competition to monopoly?

Economics

The Japanese yen is an example of a soft currency.

a. true b. false

Economics