In the United States, inheritance accounts for roughly ________ of income inequality

A) 50 percent
B) 30 percent
C) 20 percent
D) 10 percent

Answer: D

Economics

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The opportunity cost of economic growth is ________ and the benefit of economic growth is ________

A) increased current consumption; increased future consumption B) increased current consumption; decreased future consumption C) decreased current consumption; increased future consumption D) decreased current consumption; decreased future consumption E) nothing; increased future consumption

Economics

What do Spotify and Apple have in common?

A) The profitability of each firm depends on its interactions with other firms. B) Each company was founded in the same state. C) The industry in which each firm competes is an oligopoly because of government-imposed barriers to entry. D) Each achieved a dominant position in its industry because it owned a key input in the production of its product.

Economics