The graph which represents the distribution of income in an economy is called the
A) Laffer curve.
B) Lorenz curve.
C) distribution curve.
D) aggregate demand curve.
B
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Assume that the central bank sells government securities in the open market. If the nation has highly mobile international capital markets and a fixed exchange rate system, what happens to the real risk-free interest rate and net nonreserve-related borrowing/lending in the context of the Three-Sector-Model? State your answer after the macroeconomic system returns to complete equilibrium
a. The real risk-free interest rate remains the same and net nonreserve-related borrowing/lending balance becomes more positive (or less negative). b. The real risk-free interest rate falls and net nonreserve-related borrowing/lending balance becomes more negative (or less positive). c. The real risk-free interest rate rises and net nonreserve-related borrowing/lending balance becomes more negative (or less positive). d. The real risk-free interest rate and net nonreserve-related borrowing/lending balance remain the same. e. There is not enough information to determine what happens to these two macroeconomic variables.
Why are politicians and economists concerned about the economic growth rate in the? U.S.?
What will be an ideal response?