The 2011 U.S. distribution of income shows that the top 20 percent of families have approximately what share of income?
a. 20 percent
b. 35 percent
c. 50 percent
d. 80 percent
c
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What is a primary difference between rebates and coupons?
A) Coupons allow individuals to sort themselves into the high-elasticity group after the sale. B) Neither coupons nor rebates are redeemed in high numbers. C) Rebates allow individuals to sort themselves into the high-elasticity group after the sale. D) Coupons are legal and rebates are illegal.
The Sarbanes-Oxley Act gave the federal government the power to grant corporate charters
Indicate whether the statement is true or false
The region of economies of scale is that in which:
a. short-run marginal cost is falling as output expands b. short-run average total cost is falling as output expands. c. long-run marginal cost is falling as output expands. d. long-run average total cost is falling as output expands.
A tariff is a tax on imports imposed by the country that is importing the goods
a. True b. False Indicate whether the statement is true or false