The functional distribution of income measures which of the following?
A) the distribution of income among households
B) how federal tax revenues are related to the business function that employs taxpayers
C) the proportion of income generated by the four types of expenditures on goods and services
D) the distribution of earnings by the factors of production
E) the distribution of income among nations
Question 2
A flexible exchange rate is also referred to as a(n):
A) open market exchange rate. B) liquid exchange rate.
C) nominal exchange rate. D) floating exchange rate.
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