An example of price floor is
a. Minimum wages
b. Rent controls in New York
c. Both a and b
d. None of the above
a
Economics
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Income in the form of goods and services is
A) known as money income. B) known as income in kind. C) not considered income by economists. D) not part of wealth.
Economics
The farther the Lorenz curve from the line of perfect equality, the lower is the income inequality
a. True b. False Indicate whether the statement is true or false
Economics