The 20 percent of families with the lowest income in the United States receive approximately ________ percent of total income.
A. 1
B. 15
C. 3
D. 20
Answer: C
You might also like to view...
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; A B. Falling; A; C C. Falling; B: C D. Rising; A; C
The market for a perfectly competitive industry has an equilibrium price of $5 and the minimum average cost for the firms in this market is $3. In the long run, we would expect
A. each firm to produce less output than their current output. B. the number of firms to fall. C. each firm’s profits to remain at $2 per unit. D. each firm’s average cost to rise.
In 2010 the unemployment rate in Zimbabwe was 95%
a. True b. False
The price and wage freeze imposed by President Nixon were totally successful in eliminating inflationary pressures in the United States
Indicate whether the statement is true or false