A U.S. family earning $80,000 would be in the top 20 percent of income distribution in 2011

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

False

Economics

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When the government controls the price of a product, causing the market price to be above the free market equilibrium price,

A) all producers gain. B) both producers and consumers gain. C) only consumers gain. D) some, but not all, sellers can find buyers for their goods.

Economics

A debt crisis may lead to a banking crisis

Indicate whether the statement is true or false

Economics