A Lorenz curve that represents an unequal income distribution is
A) a straight line starting at the origin.
B) a straight line starting at 100%
C) a bowed curved.
D) a line that has a kink in the middle of it.
C
Economics
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The investment function would shift inward to the left if
A) real disposable income decreased. B) there was an increase in business taxes. C) interest rates increased. D) there was a positive change in productive technology.
Economics
Which of the following is not a coincident indicator of the business cycle?
a. Unemployment claims b. Payroll employment c. Industrial production d. Personal income e. Manufacturing and trade sales
Economics