« previous next »

Author Question: When looking at economic growth in a country, the distribution of output and income A) is shared ... (Read 57 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
on: Jun 30, 2018
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.

Question 2

The implication of Say's law is that
 
  A) a barter economy is the most efficient economy.
  B) increased consumption today leads to increased production tomorrow.
  C) overproduction in a market economy is not possible.
  D) Gross Domestic Product is the same whether we use the expenditure approach or the income approach.


lkoler

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Phylogenetic tree based on the distribution of 120 alleles in 42 populations from around the world, Phylogenetic tree based on the distribution of 120 alleles in 42 populations from around the world,
Distribution of precipitation over the continents Distribution of precipitation over the continents
Indicators of Economic Development Indicators of Economic Development
Policies on fertility and population growth Policies on fertility and population growth
Rapid growth in the use of alternative energy seems impressive Rapid growth in the use of alternative energy seems impressive
economic question (having trouble) economic question (having trouble)
Video: Hormonal feedback loop components & Glucagon (glycogenolysis and gluconeogenesis)

For a complete list of videos, visit our video library