If an economy has perfect income equality, its Gini coefficient would be

Refer to the above figure. As the real national income expands from Y2 to Y3,

A) tax revenues fall. B) a budget deficit occurs. C) government transfers rise. D) a budget surplus occurs.

The single most important observation of the book is the causal significance of aggregate demand policies for the incidence of poverty

Indicate whether the statement is true or false