Refer to the above figure. For which Lorenz curve does the richest 25 percent make 50 percent of the nation's money income?

The most significant factor enabling unions to negotiate increased wages for its members is likely: a. that unions increase the demand for labor

b. that unions decrease the supply of labor in the union sector. c. that unions increase the marginal product of labor. d. that unions increase the supply of labor in the union sector.

Which of the following is the best example of an intermediate good?

a. a new fighter jet purchased by the federal government b. tires purchased by an automobile manufacturer for installation on new cars c. a new saw purchased by a carpenter d. screwdrivers purchased by a homeowner for home repairs e. aprons purchased by restaurant chefs