A hypothesis is an assertion that can be:

A) proven to be false.
B) proven to be true.
C) proven to be true or false.
D) tested only in the normative sense.

Ans: A) proven to be false.

Economics

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The above figure shows the Lorenz curve for wealth for the nation of Rusha

If the government were to confiscate all of the wealth from the poorest twenty percent of the population and give it to the wealthiest twenty percent, the Lorenz curve would A) not change. B) shift farther away from the line of equality. C) shift closer to the line of equality. D) flip above the line of equality.

Economics

Government policies intended to decrease aggregate spending and output are called ________ policies.

A. fiscal B. monetary C. aggregate D. contractionary

Economics