When inflation occurs, net exports will

a. increase as imports decrease.
b. increase as exports increase.
c. decrease as imports decrease.
d. decrease as imports increase.

d

Economics

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Refer to Figure 5-3. The efficient quantity of medical services is

A) 400. B) 800. C) 1,200. D) > 1,200.

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A straight-line Lorenz curve shows

A) an equal distribution of money income. B) a greater than proportionate share of income going to middle-income households. C) a high incidence of absolute poverty. D) a highly unequal distribution of income.

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