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Social Science Clinic => Economics => Microeconomics => Topic started by: asd123 on Jun 30, 2018

Title: One reason scholars argue that government activity should be considered when evaluating the measured ...
Post by: asd123 on Jun 30, 2018

One reason scholars argue that government activity should be considered when evaluating the measured income distribution because:
 a. the lowest-income quintile has benefited from state-subsidized higher education more than have middle-income and higher income quintiles.
  b. the higher-income quintiles have benefited more than the poor from housing subsidies and Medicaid.
 c. the middle and higher-income quintiles have benefited more than the poor from state-subsidized airports, airlines, operas, and museums.
  d. the lowest-income quintile has benefited more than middle-income and upper-income quintiles from state-subsidized airports, airlines, operas, and museums.

Question 2

Identify the correct statement from the following.
 a. A worker's wage line and productivity line over his lifetime are parallel to each other.
  b. The wage line of a worker's lifespan is an upward sloping straight line.
  c. The productivity line of a worker's lifespan rises at a decreasing rate.
  d. A worker's wage is always equal to his productivity.

Title: One reason scholars argue that government activity should be considered when evaluating the measured ...
Post by: scottmt on Jun 30, 2018

Answer to Question 1

c

Answer to Question 2

C

Title: One reason scholars argue that government activity should be considered when evaluating the measured ...
Post by: asd123 on Jun 30, 2018

Correct answers!

Title: One reason scholars argue that government activity should be considered when evaluating the measured ...
Post by: scottmt on Jun 30, 2018

Great! Please up vote :D