Most Americans agree that

A. a certain amount of income redistribution is called for.
B. absolutely no income redistribution should be carried out.
C. we need completely equal distribution of income.

A. a certain amount of income redistribution is called for.

Economics

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Given the budget line in the above figure, what is the household's real income in terms of pizzas per month?

A) 5 pizzas per month B) 4 pizzas per month C) 3 pizzas per month D) All of above represent the household's real income.

Economics

Which of the following would shift the short-run Phillips curve?

a. an negative supply shock b. an increase in inflationary expectations c. a decrease in inflationary expectations d. All of the above.

Economics