Labor force participation is similar for males ages 25-64 with different levels of education completed

Each additional round of the multiplier process will tend to be larger: a. the smaller the MPC

b. the greater the rate of income taxation. c. the less people save from increases in their incomes. d. the larger the fraction of each dollar of domestic income spent on imported goods. e. in each of the above cases.

The transformation of a Lorenz curve into a numerical value is

a. the value of the diagonal minus the value of the two sides of the right angle triangle b. the sum of the percentages of income for all groups c. the Lorenz coefficient d. the Gini coefficient e. the value of the midpoint on the Lorenz curve