All Gini coefficients must lie between 0 and 1. The lower the value
A) the closer the income distribution is to being equal.
B) the lower the degree of poverty according to the federal government's definition of poverty.
C) the greater the degree of poverty.
D) the more unequal the income distribution.
A
Economics
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If the United States imports goods and services for a total of $45 billion, exports goods and services for a total of $40 billion, records $4 billion as net interest and zero as net transfers, then the U.S. current account balance is
A) $1 billion. B) -$1 billion. C) $89 billion. D) zero. E) $81 billion.
Economics
What are inventories? What usually happens to inventories at the beginning of a recession, and what usually happens to inventories at the beginning of an expansion?
What will be an ideal response?
Economics