In the figure above, in which country do the lowest-income 30 percent of households have the highest fraction of the nation's income?
A) Country A
B) Country B
C) Country C
D) It is impossible to answer the question without more information.
A
Economics
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Which of the following causes a shortage to become larger?
a. An increase in market price. b. An increase in supply. c. A decrease in price. d. A decrease in demand.
Economics
Consider the production possibilities frontier displayed in the figure shown. A society faced with this curve currently:
A. cannot obtain point B.
B. can only obtain point C.
C. can only obtain point D or point A.
D. cannot obtain point C.
Economics