Measured distributions of wealth that do not consider the role of human capital
A) are more equal than the distribution of income.
B) overstate the inequality in wealth distribution.
C) are more equal than the distribution of consumption.
D) understate the inequality in wealth distribution.
B
Economics
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Suppose the money supply grows at an annual rate of 10%, real GDP grows at 4%, the growth rate of velocity is 0%, and the expected real interest rate on Aaa corporate bonds averages 5.5%
Use the Fisher equation to determine the nominal interest rate on Aaa bonds. What will happen to the nominal interest rate in the long run if the growth rate of the money supply decreases to 7%?
Economics
In the last three decades, air quality in American cities has improved.
Answer the following statement true (T) or false (F)
Economics