Changes in the Lorenz curve since 1929 in the United States indicate that
A) the distribution of income today is identical to what it was in 1929.
B) the distribution of income is slightly less equal today than in 1929.
C) the distribution of income is slightly more equal today than in 1929.
D) the distribution of income is much more equal today than it was in 1929.
C
Economics
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The union participation rate in the United States is
a. highest among government employees b. highest among private sector workers c. highest in the smokestack industries d. highest in the service sector e. higher than in Sweden
Economics
Think of the quantity theory of money: If V = 5, P = 100, and Q = 10, then M is
a. 20 b. 10 c. 500 d. 1,000 e. 200
Economics