The lowest-income fifth of the population ordinarily earns about 20 percent of the income in the United States
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Suppose a country experiences an increase in output per worker. Such a development represents which of the following?
A) an increase in labor productivity B) an increase in population growth C) a reduction in the saving rate D) a decrease in economic growth
Economics
In the study of economics, investment means:
a. the effect of stock prices on the production possibilities curve. b. the accumulation of capital that is used to produce goods and services. c. owning stocks and bonds. d. the principle that the opportunity cost increases as the production of one output expands.
Economics