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Author Question: In the above figure, the Lorenz curve for income is shown. If the data used are from the United ... (Read 26 times)

bobthebuilder

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on: Jun 29, 2018
In the above figure, the Lorenz curve for income is shown. If the data used are from the United States, and the U.S. Lorenz curve for wealth was added to the diagram, it would be
 
  A) further from the line of equality than the Lorenz curve for income.
  B) closer to the line of equality than the Lorenz curve for income.
  C) above the line of equality.
  D) the same as the Lorenz curve for income.

Question 2

An increase in the quantity of money shifts the aggregate demand curve rightward.
 
  Indicate whether the statement is true or false


amit

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

TRUE


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