A Gini coefficient of ________ means that the income is equally distributed.
A. 0
B. 1
C. 50
D. 100
Answer: A
Economics
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The United States relies heavily on markets and so cannot be characterized as a mixed economy.
Answer the following statement true (T) or false (F)
Economics
At prices above the equilibrium price, what occurs?
What will be an ideal response?
Economics
Bangladesh has had success with:
A. clustering the textile industry. B. clustering the fishing industry. C. supporting export-led growth policy. D. supporting import substitution policy.
Economics
The total revenue curve for a perfectly competitive firm will be a straight line with positive slope.
Answer the following statement true (T) or false (F)
Economics