All of the following are reasons average workers in the United States today produce more than their counterparts a century ago EXCEPT that the modern worker:

The figure shows two Lorenz curves. Suppose both Lorenz curves measure income. Lorenz curve A shows ________ Lorenz curve B

A) income is more equally distributed than the income shown in B) income is less equally distributed than the income shown in C) the first quintile earns less income than the first quintile earned in D) the fifth quintile earns more income than the fifth quintile earned in

Adaptive expectations are formed ________

A) from experience B) from best guesses about the future C) as new information becomes available D) as a weighted average of expert forecasts