The supply of a renewable resource is perfectly elastic

In the figure above, if the MPC increased, the aggregate expenditure lines would ________ and the multiplier would ________ in value

A) not change; rise B) become steeper; fall C) not change; fall D) become steeper; rise E) become less steep; rise

In the United States, the Gini coefficient for the entire nation

A) is considerably higher than the coefficients for each of the 50 states. B) is considerably lower than the coefficients for each of the 50 states. C) is in roughly the same range as the Gini Coefficients for each of the 50 states. D) must be exactly equal to the coefficients for each of the 50 states.