In the figure above, the lowest 20 percent of all households own ________ percent of all wealth, the next lowest 20 percent own ________ percent of all wealth and the richest 20 percent own ________ percent of all wealth
A) 20; 20; 20
B) 20; 40; 100
C) 5; 15; 40
D) 5; 20; 60
C
Economics
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For most of the years since 1981, the United States has had
A) a current account deficit. B) a large official settlements balance. C) an official settlements account deficit. D) a capital and financial account deficit. E) balanced trade.
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In the Solow model, if k = 8, y = 24, and s = 0.25, what is c?
A) 24 B) 20 C) 18 D) 12
Economics