According to the World View titled "Income Share of the Rich," in which of the following would the top tenth of the population be most likely to receive the highest percentage of the country's income?

Supply-siders' policy recommendations include:

a. lower tax rates, spending cuts, and increased government regulation. b. lower tax rates, lower resource prices, and decreased government regulation. c. lower tax rates, spending increases, and decreased government regulation. d. lower tax rates, spending increases, and increased government regulation. e. higher tax rates, spending cuts, and decreased government regulation.

Which of the following is a positive economic statement?

A) Everyone should live at the same standard of living. B) If the price of gasoline rises, a smaller quantity of it will be bought. C) The government should close income tax loopholes. D) U.S. firms should not be allowed to outsource production of goods and services.