The study by economists Cox and Alm found
a. inequality in consumption is much smaller than inequality in annual income.
b. inequality in consumption is slightly smaller than inequality in annual income.
c. inequality in consumption is slightly larger than inequality in annual income.
d. inequality in consumption is much larger than inequality in annual income.
a
Economics
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If real wages fall:
A) consumer demand is likely to increase. B) employers are likely to hire more workers. C) the level of economic production will always increase. D) the level of economic production will always decrease.
Economics
The only types of firms that cannot theoretically practice price discrimination are perfectly competitive firms
a. True b. False Indicate whether the statement is true or false
Economics