What is the name of the organization that defines business cycle peaks and troughs in the United States?
A) the National Bureau of Economic Research B) the National Peak and Trough Committee
C) the Bureau of Labor Statistics D) the Federal Reserve
Question 2
Refer to Figure 18-7. The second lowest 20 percent of households
A) earn 12 percent of the society's total income. B) earn 16 percent of the society's total income.
C) earn 28 percent of the society's total income. D) earn 40 percent of the society's total income.