An important reversal has created a new trend in economic inequality, which is that
a. wealth gaps between countries are now increasing.
b. wealth gaps within states are now increasing.
c. gaps in wealth are now smallest among the most populated nations.
d. gaps in wealth are now no longer prominent or influential.
b. wealth gaps within states are now increasing.
Economics
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Indicate whether the statement is true or false
Economics
If the MPC equals 0.80 then:
a. the MPS equals 1.20. b. the multiplier equals 0.20. c. the multiplier equals 1 divided by 0.80. d. the multiplier equals 5. e. none of these.
Economics