If we were on Lorenz curve M, the top income quintile receives about _____% of income.



A. 24

B. 40

C. 58

D. 80

C. 58

Economics

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The value of the real estate that a bank uses for its operations will be included in the bank's:

A) cash equivalents. B) reserves. C) short-term borrowing. D) long-term investments.

Economics

Goods X and Y are complementary goods. An increase in the price of good X has occurred. In the market for good Y this will lead to

A) an increase in price and a decrease in quantity. B) an increase in price and an increase in quantity. C) a decrease in price and a decrease in quantity. D) a decrease in price and an increase in quantity.

Economics