According to the table above, the money income distribution is ________ unequal than the market income distribution because ________ income reflects income redistribution through taxes and benefits

A) less; money
B) less; market
C) more; money
D) more; market

A

Economics

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The rate of interest that equates saving and investment at full employment is called the

A) real rate. B) nominal rate. C) natural rate. D) discount rate.

Economics

You are a hotel manager and you are considering four projects that yield different payoffs, depending upon whether there is an economic boom or a recession. The potential payoffs and corresponding payoffs are summarized in the following table.ProjectBoom (50%)Recession (50%)A$20-$10B-$10$20C$30-$30D$50$50The variance in the returns of project B is:

A. 225. B. 1,600. C. 0. D. 900.

Economics