The way income is allocated among the population is called the
A) income curve.
B) income spread.
C) distribution of income.
D) Gini allocation.
Answer: C
Economics
You might also like to view...
As the price of video games is raised from $20to $25, their quantity demanded fell from 1.5 million copies to 1 million copies. The price elasticity of demand for video games is:
a. -0.55 b. -1.8 c. -1.33 d. -2.08
Economics
The line joining the old and new optimum points following a pivotal rotation of the budget line is: a. the price-consumption curve
b. the income-consumption curve. c. the Engels curve. d. the hypothetical budget line
Economics