Use the above figure. Refer to the above diagram where curves (a) through (d) are for four different countries. Income is third most unequally distributed in
A) Country A.
B) Country B.
C) Country C.
D) Country D.
B
Economics
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The balance of trade includes trade in
A) goods only. B) both goods and services. C) services only. D) neither goods nor services.
Economics
Paper money helped colonists pay soldiers for services provided when specie was not available. This money was fiat money; it did not possess specie backing
Indicate whether the statement is true or false
Economics
If the marginal propensity to consume is 0.6, what is the value of the expenditure multiplier?
a. 1.0 b. 1.6 c. 2.0 d. 2.5 e. 6.0
Economics
Which of the following types of countries has experienced increasing inequality in recent decades?
A. Poor countries B. Countries with low economic growth C. Rich countries D. All of these have experienced increasing inequality.
Economics