Author Question: Since 1970, the distribution of income in the United States A) generally has become more equal. ... (Read 65 times)

neverstopbelieb

  • Hero Member
  • *****
  • Posts: 534
Since 1970, the distribution of income in the United States
 
  A) generally has become more equal.
  B) generally has become less equal.
  C) has become more equal than the distribution of wealth.
  D) has shown no discernible trend.

Question 2

In an indifference curve diagram, the quantities of good Y are measured along the vertical axis and the quantities of good X are measured along the horizontal axis. The marginal rate of substitution is defined as
 
  A) how much good Y you must give up to get one more unit of good X.
  B) how much good Y you are willing to give up to get one more unit of good X.
  C) the relative price of good Y in terms of good X.
  D) how much you prefer to substitute good X for good Y.



vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

For a complete list of videos, visit our video library