The richest 20 percent of the families in the United States receive approximately ________ percent of total income.
A. 90
B. 50
C. 20
D. 10
Answer: B
Economics
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Voluntary export restraints are illegal under international trading rules
Indicate whether the statement is true or false
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If people expect nominal interest rates to be higher in the future, the expected return to bonds ________, and the demand for money ________
A) rises; increases B) rises; decreases C) falls; increases D) falls; decreases
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Changes in business inventories are known as
A) consumer durable. B) consumption goods. C) fixed investment. D) inventory investment.
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The total physical product of an input is the same thing as its
a. total revenue product. b. marginal physical product times output. c. output. d. total consumer's surplus.
Economics