The Lorenz curve graphs the
A) cumulative percentage of spending against the cumulative percentage of households.
B) marginal percentage of income against the marginal percentage of households.
C) cumulative percentage of income against the cumulative percentage of households.
D) cumulative percentage of spending against the marginal percentage of households.
C
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Which barrier to entry is an exclusive right granted to the author or composer of a literary, musical, dramatic or artistic work?
A) patent B) copyright C) public franchise D) government license E) natural barrier
In a small closed economy investment is $50 billion and private saving is $45 billion. What are public saving and national saving?
a. $5 billion and $45 billion b. -$5 billion and $45 billion c. $5 billion and $50 billion d. -$5 billion and $50 billion