When a monopolist is maximizing profit, which of the following conditions will always be satisfied?

The fact that it takes time for government to take action, even after a problem has been diagnosed, is one reason for the occurrence of

A) inside lags. B) the multiplier effect. C) outside lags. D) crowding out.

The above figure shows the Lorenz curves for four different countries. In which country is income most equally distributed?

A) country A B) country B C) country C D) country D