The 2011 U.S. distribution of income shows that the top 20 percent of families have approximately what share of income?

a. 20 percent
b. 35 percent
c. 50 percent
d. 80 percent

c

Economics

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Willingness to pay measures

A) the maximum price that a buyer is willing to pay for a good or service. B) the amount a seller actually receives for a good minus the minimum amount the seller is willing to accept for the good. C) the maximum price a buyer is willing to pay minus the minimum price a seller is willing to accept. D) the maximum price a buyer is willing to pay for a product minus the amount the buyer actually pays for it.

Economics

The purchase of a Boeing airplane by the U.S. government is considered part of government consumption expenditures and gross investment

Indicate whether the statement is true or false

Economics