The most unequal distribution of income in the figure at right exists in
A. country 4
B. country 3
C. country 5
D. country 1
Answer: D. country 1
Economics
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If a student borrowed $5,000 at a fixed rate of 8.9 percent to pay for this year's college expenses and the annual inflation rate turns out to be 11 percent, then the student's purchasing power for the year has increased
a. True b. False Indicate whether the statement is true or false
Economics
Which is the most accurate statement?
A. The poverty of older Americans is much greater than the problem of child poverty. B. Public assistance has been considered a great success. C. Medicare and Medicaid date back to the New Deal of the 1930s. D. Less than half of those eligible receive food stamps.
Economics