Which of the following results from one group in a society receiving a disproportionate share of wealth than others in that society?
a. Income inequality
b. Poverty growth
c. Income redistribution
d. Economic recession
a. Income inequality
Income inequality results from one group in a society receiving a disproportionate share of wealth than others in that society.
Economics
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If the government collects taxes and makes expenditures of a smaller amount, bank reserves
A) are unaffected. B) may rise or fall. C) rise. D) fall.
Economics
A price floor that is set below the equilibrium price
A) causes suppliers to lower their prices. B) is binding. C) is non-binding. D) creates a shortage.
Economics