The distribution of income in the United States is characterized by the following relationship between the mean, median, and mode incomes

A) mean income < median income < mode income.
B) mode income < median income < mean income.
C) median income < mean income < mode income.
D) mode income < mean income < median income.

B

Economics

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To bypass capital controls, people who need foreign currency sometimes resort to:

a. forward foreign exchange markets. b. stock markets. c. black markets. d. farmers markets.

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Prices allocate a market economy's scarce resources

a. True b. False Indicate whether the statement is true or false

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