Author Question: Since 1970, the distribution of income in the United States A) generally has become more equal. ... (Read 90 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?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

For a complete list of videos, visit our video library