The "mode" household income is
A) the income that separates households into two equal groups.
B) the most common level of household income.
C) the mean household income.
D) the average household income.
B
Economics
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What is the equation of exchange?
What will be an ideal response?
Economics
Refer to the diagram. Between prices of $5.70 and $6.30:
A. D 1 is more elastic than D 2 .
B. D 2 is an inferior good and D 1 is a normal good.
C. D 1 and D 2 have identical elasticities.
D. D 2 is more elastic than D 1 .
Economics