When looking at economic growth in a country, the distribution of output and income
A) is shared equally.
B) is skewed toward the lowest quintile of the population.
C) generally follows predictable patterns.
D) is not taken into consideration.
D
Economics
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The additional revenue a firm obtains from employing one more unit of capital is called the
a. marginal revenue product of capital b. total product of capital c. marginal product of capital d. production function e. marginal product of labor
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Use the simple deposit multiplier to help show why the money supply increases when the Fed lowers the required reserve ratio (r)
Economics