The Lorenz curve shows what portion of total money income is accounted for by
A) different proportions of a country's households.
B) only the wealthiest citizens.
C) only poor people.
D) taxpaying citizens only.
A
Economics
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In a perfectly competitive market, which of the following will increase the economic profit the firms make in the short run?
A) a decrease in market demand B) an increase in market demand C) an increase in labor costs D) an increase in the number of firms
Economics
Which of the following is included in M0, but not in M1?
A) demand deposits B) deposits of depository institutions at the Federal Reserve C) currency held by the U.S. public D) U.S. currency held by foreigners
Economics