This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When the Lorenz curve moves closer to the diagonal, this shows: a. the rich getting richer and the ... (Read 78 times)

B

  • Hero Member
  • *****
  • Posts: 570
on: Jun 30, 2018
When the Lorenz curve moves closer to the diagonal, this shows:
 a. the rich getting richer and the poor getting poorer.
  b. total income is rising.
  c. the distribution of income is becoming more even.
  d. the population is decreasing.
  e. the prices of goods are rising.

Question 2

Suppose the total population of an economy is 150 million, the labor force is 100 million, and the unemployment is 94 million. The unemployment rate is _____.
 a. 6 percent
 b. 80 percent
  c. 94 percent
  d. 10 percent
  e. 15 percent


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Tonny

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


B

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Gracias!

T4T

  • Member
  • Posts: 348
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

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?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

A theoretical photosynthetic response curve. A theoretical photosynthetic response curve.
Mechanical ventilation. The photograph shows a patient receiving breathing assistance by the use of Mechanical ventilation. The photograph shows a patient receiving breathing assistance by the use of
CT scan of the head shows a massive bleed with a midline shift. CT scan of the head shows a massive bleed with a midline shift.
J or U dose-response curve J or U dose-response curve
Monitoring shows that many forms of air pollution have decreased Monitoring shows that many forms of air pollution have decreased
The Oxyhemoglobin Dissociation Curve The Oxyhemoglobin Dissociation Curve
Video: Fermentation - When Oxygen Is Absent, Pyruvate to Lactate & Pyruvate to Ethanol

For a complete list of videos, visit our video library