Which of the following factors would shift the supply curve for ice cream to the right?
a. a new cooling technology emerges
b. the price per unit increases
c. the number of producers in the market for ice cream increase
d. Both A&C
d
Economics
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Refer to Figure 21.2. If area A = 2,000, area B = 400, and area C = 2,600, what is the Gini coefficient for Ruratania (rounded to two decimal places)?
A) 0.08 B) 0.15 C) 0.48 D) 0.92
Economics
If income distribution in an economy is perfectly equal, the lowest quintile will earn 20% of total income
Indicate whether the statement is true or false
Economics