In the United States, the wealthiest 10 percent of households own about ________ of total wealth
A) 40 percent
B) 66 percent
C) 90 percent
D) 55 percent
C
Economics
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Deflation is a decline in the price level.
Answer the following statement true (T) or false (F)
Economics
The fact that output gaps will not last indefinitely, but will be closed by rising or falling inflation is the economy's:
A. income-expenditure multiplier. B. self-correcting property. C. short-run equilibrium property. D. long-run equilibrium property.
Economics