In the figure above, if income were distributed equally across all households, the poorest 10 percent of households would receive ________ of total income

Economists played a key role in the development of merger guidelines by the Department of Justice and the Federal Trade Commission in 1982. These guidelines have three main parts. What are these parts?

A) market definition; measure of concentration; merger standards B) economic analysis; political analysis; dynamic analysis C) concentration ratios; the Herfindahl-Hirschman Index; market standards D) concentration standards; concentration ratios; competitive analysis

The largest item on the liability side of the Federal Reserve's balance sheet is

A) commercial bank deposits. B) U.S. government securities. C) cash items in the process of collection. D) Federal Reserve notes outstanding.