An equal distribution of income would yield a Lorenz curve that is a
A. line lying directly on the horizontal axis.
B. line lying directly on the vertical axis at 100%.
C. 45-degree line between 0 and 100%.
D. line lying directly on the vertical axis at 0%.
Answer: C
Economics
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The negative of the slope of the isoquant indicates the ___________________________
Fill in the blank(s) with the appropriate word(s).
Economics
European governments removed many restrictions on flows of capital into and out of Europe in the ________. This policy increased both U.S. investment in European stocks and bonds and European investment in U.S. stocks and bonds
A) 1980s and 1990s B) 1970s and 1980s C) 1960s and 1970s D) 1950s and 1960s
Economics