Over the period from 1971 to 2012, the U.S. Gini ratio for household income ________, which means income inequality in the United States ________
A) increased; increased
B) increased; decreased
C) decreased; increased
D) decreased; decreased
A
Economics
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The table above shows the exchange rates between various currencies and the U.S. dollar. Between 2015 and 2016, the Canadian dollar ________ against the U.S. dollar and the Japanese yen ________ against the U.S. dollar
A) depreciated, depreciated B) appreciated, appreciated C) appreciated, depreciated D) depreciated, appreciated
Economics
To calculate the price elasticity of demand we divide
A) the average price by the average quantity demanded. B) the percentage change in quantity demanded by the percentage change in price. C) rise by the run. D) the percentage change in price by the percentage change in quantity demanded.
Economics