Between 1929 and 2005 in the United States, as measured by the Lorenz curve, income inequality:
a. was greater.
b. remain unchanged.
c. was less.
d. increased sharply.
c
Economics
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The multiplier can be calculated by dividing
A. one by one minus the marginal propensity to invest. B. one by one minus the marginal propensity to save. C. the change in real GDP by the initial change in spending. D. the initial change in spending by the change in real GDP.
Economics
As a factor of production, oil reserves are counted as
A) land. B) labor. C) capital. D) entrepreneurshi
Economics
How can improvements in health increase a country's total income?
What will be an ideal response?
Economics
In the decades leading to the Civil War __________ supported high protective tariffs.
A. both the North and the South B. neither the North nor the South C. only the North D. only the South
Economics