Compared to the gini coefficient for income distribution

Reference no: EM13378392

Compared to the Gini coefficient for income distribution, the value of the Gini coefficient for the distribution of wealth would be
a. higher
b. lower
c. zero
d. nearly identical

The Lorenz curve shows the
a. percent of families on the vertical axis and percent of income on the horizontal axis
b. percent of families on the horizontal axis and the cumulative percent of income on the vertical axis
c. cumulative percent of income on the vertical axis and the cumulative percent of families on the horizontal axis
d. cumulative percent of families on the vertical axis and the cumulative percent of income on the horizontal axis

During the trough of the business cycle,
a. employment and income are at a low ebb
b. little investment in plant and equipment occurs
c. consumers postpone purchases of durable goods
d. all of the above

Which of the following categories of business cycle theories includes the theory of "real business cycles?"
a. physical
b. monetary
c. psychological
d. spending and saving

Reference no: EM13378392

Questions Cloud

Lars consumes only potatoes and herring when the price of : lars consumes only potatoes and herring. when the price of potatoes was 9 crowns per sack and the price of herring was

For each level of output calculate this manufacturers : for each level of output calculate this manufacturers marginal cost mc for convenience place the marginal cost between

For each level of output calculate the variable cost vc for : for each level of output calculate the variable cost vc. for each level of output except zero output calculate the

Suppose a business experiences a sudden increase in its : suppose a business experiences a sudden increase in its fixed costs. for example suppose property taxes increase

Compared to the gini coefficient for income distribution : compared to the gini coefficient for income distribution the value of the gini coefficient for the distribution of

According to monetary theories of the business cycle : according to monetary theories of the business cycle fluctuations area. independent of the banking systemb. more

Which of the following statements concerning major cycles : which of the following statements concerning major cycles is incorrect?a. major cycles are characterized by wide

In recent years the us labor force has experienceda an : in recent years the u.s. labor force has experienceda. an increase in the percentage of manufacturing workersb. an

Today the us unemployment rate among black teenagers isa : today the u.s. unemployment rate among black teenagers isa. lower than the rate for all teenagersb. lower than the rate

User Account

All Pages