The ________ in employment during a recession is smaller if wages are ________

Given the data in Table 6.1, the unemployment rate of Metropolis is approximately

A) 6 percent. B) 9 percent. C) 12 percent. D) 22 percent.

All of the following would show a more equal distribution than the distribution of money income EXCEPT

A) total income. B) after-tax income. C) wealth. D) lifetime earnings.