Managers should attempt to maximize market share

If aggregate demand is stable and there is economic growth, the economy will experience

A) secular depreciation. B) secular decline. C) secular deflation. D) secular degeneration.

Suppose there is a high inequality in household income between the highest and the lowest income groups in one country. In response, the government raises the income tax for the highest income group and provides subsidies to the lowest-income group

What would happen to the Lorenz curve as a result of the government programs? Explain.