A quintile, sometimes used to measure wealth inequality, represents one-fourth of households.

Answer the following statement true (T) or false (F)

False

A quintile represents one-fifth, or 20 percent, of households.

Economics

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By increasing government spending

What will be an ideal response?

Economics

Answer the following questions true (T) or false (F)

1. One consequence of adverse selection in the market for used cars is that most used cars sold will be lemons. 2. Insurance companies use deductibles and coinsurance to reduce moral hazard. 3. Under current U.S. tax laws, individuals do not pay taxes on health insurance benefits they receive from their employers.

Economics