Use the above table. What percentage of income is received by the richest 20% of the population?

A) 33.33 percent
B) 16.67 percent
C) 11.11 percent
D) 40.00 percent

A

Economics

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When estimating GDP, changes in the level of inventory are calculated because:

a. it indicates the level of employment in the economy. b. it provides information about a firm's expectations. c. it is a good indicator of the competitiveness of the economy. d. it shows the level of business spending by firms. e. it determines the value of goods produced in a year but not sold in that year.

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