The idea that the Lorenz curve should be along the 45 degree line is consistent with
A) the productivity standard.
B) the egalitarian principle.
C) the conservative principle.
D) none of the above.
B
Economics
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Because of their __________ liability, corporate stockholders are more concerned with __________
A) limited; success than failure B) limited; failure than success C) unlimited; success than failure D) unlimited; failure than success
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A steep IS curve implies that
A) an increase in money supply will change output by a relatively small amount. B) a decrease in taxes will change output by a relatively small amount. C) changes in money supply will have large multiplier effects on output. D) A and B.
Economics