Of the four countries below, the country that has the most income equality is

Assume that you observe the long-run average cost curve of ACME Bookstores, a national chain. Starting from the point on the curve where output is zero and moving to the right, which of the following lists the behavior of long-run average costs in the

correct sequence (that is, which will be observed first, second, etc.)? A) minimum efficient scale; economies of scale; constant returns to scale; diseconomies of scale B) economies of scale; constant returns to scale; diseconomies of scale; minimum efficient scale C) constant returns to scale; economies of scale; minimum efficient scale; diseconomies of scale D) economies of scale; minimum efficient scale; constant returns to scale; diseconomies of scale

Which of the following is not one of the four major sectors of the economy to which GDP is allocated?

a. consumer b. investment c. agriculture d. government