The easiest way to create greater income equality is to _____
a. raise everyone's income by the same percentage
b. raise everyone's income by the same amount
c. raise the incomes of the poor
d. lower the incomes of the rich
d
Economics
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An increase in the money supply causes output to rise in the short run.
a. true b. false
Economics
The table shows some data that describes Tom's T-Shirts' total product when Tom's has 1 sewing machine. When 4 workers are employed, ________
A) average product of labor is a maximum B) marginal product of labor is less than average product of labor C) marginal product of labor exceeds average product of labor D) marginal product of labor equals average product of labor
Economics