Most U.S. redistribution occurs from _____
a. high-income individuals to low-income individuals
b. middle-income individuals to low-income individuals
c. middle-income individuals to middle-income individuals
d. low-income individuals to middle-income individuals
c
Economics
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Money is
A) anything backed by gold. B) any durable good. C) whatever people use as a general medium of exchange. D) something intentionally created by farsighted people.
Economics
Positive economic analysis
a. involves the study of firms with positive profits. b. involves how resources are actually used in an economy. c. involves judgments on how resources should be used in an economy. d. is usually thought to be a waste of time.
Economics