A straight-line Lorenz curve shows
A) an equal distribution of money income.
B) a greater than proportionate share of income going to middle-income households.
C) a high incidence of absolute poverty.
D) a highly unequal distribution of income.
A
Economics
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Refer to the scenario above. The net present value of the investment in Plan 4 is equal to:
A) -$8,001. B) -$556. C) -$791. D) -$3,737.
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Most economists agree that the focus of fiscal policy is to
a. plan the economy. b. balance aggregate demand and aggregate supply. c. balance the federal budget. d. balance environmental needs and resources.
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