The percentage of money income earned by the lowest fifth of families in the U.S. was ________ in 1960 and ________ in 2010

A) 41.3%; 47.8%
B) 15.9%; 20.0%
C) 12.2%; 9.5%
D) 4.8%; 3.8%

D

Economics

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Calculate the dollar price of a German automobile worth 40,000 euros, if the dollar per euro exchange rate is 1.5

a. $41,500 b. $26,700 c. $60,000 d. $50,000 e. $38,500

Economics

The amount of unemployment that arises because workers are temporarily between jobs or new entrants to the labor force is known as

a. structural unemployment. b. cyclical unemployment. c. frictional unemployment. d. induced unemployment.

Economics