In the simple Keynesian Cross model, the equilibrium level of real disposable income is determined by:
a. the real interest rate

Refer to the above figure. Perfect income equality is shown by

A) the horizontal axis. B) the vertical axis. C) curve A. D) curve D.

If the case study on U.S. / China trade is correct in its analysis of factor abundance,

A) Chinese capital owners should see their income rise as trade increases. B) U.S. skilled labor inputs should see their incomes fall as trade increases. C) U.S. capital owners should see their income fall as trade increases. D) Chinese unskilled labor should see their income rise as trade increases.