Dramatically redistributing income from the rich to the poor could make society worse off

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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The equilibrium level of aggregate planned expenditure is found where

A) there is no saving and no dissaving. B) net exports is zero. C) aggregate planned expenditure equals real GDP. D) autonomous expenditure equals equilibrium expenditure. E) the price level is rising at a constant rate.

Economics

The necessary condition for identification of an equation is called the _____.

A. order condition B. rank condition C. condition of instrumental exogeneity D. the condition of instrumental relevance

Economics