When taxes and transfer payments are taken into account, the distribution of income in the United States:

A. Is unchanged

B. Is less equally distributed

C. Is more equally distributed

D. Becomes more beneficial for the wealthy

C. Is more equally distributed

Economics

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Price discrimination by a monopolist is less effective if the

A) good can be resold. B) good has no substitutes. C) monopolist can identify buyers by willingness to pay. D) good cannot be resold.

Economics

Assume that foreign capital flows from a nation increase due to political uncertainly and increased risk. 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 current international transactions balance in the context of the Three-Sector-Model? a. The real risk-free interest rate rises and current

international transactions balance becomes more positive (or less negative). b. The real risk-free interest rate rises and current international transactions balance becomes more negative (or less positive). c. The real risk-free interest rate and current international transactions balance remain the same. d. The real risk-free interest rate rises and current international transactions balance remains the same. e. There is not enough information to determine what happens to these two macroeconomic variables.

Economics