Since 1970 the United States' income distribution has become more equal

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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In the figure above, the marginal cost of the second computer is

A) 2 television sets per computer. B) 3 television sets per computer. C) 5 television sets per computer. D) 30 television sets per computer.

Economics

If the required reserve ratio is 10% and the Fed purchases $20 million worth of securities, what is the simple deposit multiplier and what happens to the amount of deposits in the banking system? Assume that banks do not hold excess reserves and the

public does not change its currency holdings.

Economics