The income distribution in less-developed nations tends to be
a. more uneven than in developed economies
b. less uneven than in developed economies
c. similar to that in developed economies
d. impossible to calculate
e. not comparable because tax structures differ among countries
A
Economics
You might also like to view...
The no-trade equilibrium in a monopolistic market occurs where:
a. marginal revenue = price. b. marginal cost = marginal revenue. c. market demand = market supply. d. marginal cost = average revenue.
Economics
The difference between the nominal interest rate and the real interest rate is:
A. the inflation rate. B. taxes. C. seigniorage. D. hyperinflation.
Economics