The government program that provides aid to families in need is

The circular flow of income assumes that

A) the national income accounting approach is not an adequate way to measure the economy's performance. B) profit is not a cost of production. C) goods and services flow in one direction and money payments flow in the other. D) total income is the sum of the value of intermediate goods and final goods and services.

If income is equally distributed, the Gini ratio is zero

Indicate whether the statement is true or false