In which industry or sector of the economy is output least likely to be affected by the business cycle?
What will be an ideal response?
agricultural commodities
Economics
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If a nation's Lorenz curve lies on the 45 degree line of income equality, then
A) more of the nation's income is received by the lowest 20 percent of families than by the highest 20 percent. B) income is unequally distributed. C) more of the nation's income is received by the highest 20 percent of families than by the lowest percent. D) the income received by each 20 percent of families is 20 percent of the total income.
Economics
Refer to the information provided in Table 21.4 below to answer the question(s) that follow. Table 21.4Refer to Table 21.4. The value for NNP in billions of dollars is
A. 890. B. 910. C. 940. D. 970.
Economics