The greater the area between the Lorenz curve and the diagonal line of absolute equality, the more inequality exists.
Answer the following statement true (T) or false (F)
True
A greater bend in the Lorenz curve will create more area between the Lorenz curve and the equality line, and therefore income inequality will be higher.
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
NAFTA was a controversial issue in the 2008 presidential campaign, particularly in the Democratic primaries
Indicate whether the statement is true or false
What is the labor force? Employed 1000 Unemployed 500 Not in labor force 600
What will be an ideal response?
List and describe five of the eight major functions or responsibilities of the Fed