Author Question: Since 1970, the distribution of income in the United States A) generally has become more equal. ... (Read 88 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 newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library