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Author Question: In the figure above, income A) is most equally distributed in country A. B) is most equally ... (Read 170 times)

sam.t96

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on: Jun 29, 2018
In the figure above, income
 
  A) is most equally distributed in country A.
  B) is most equally distributed in country B.
  C) is most equally distributed in country C.
  D) is equally distributed in all three countries.

Question 2

If income increases by 2.0 percent, and quantity demanded of a good increases by 0.2 percent, the income elasticity for the good is
 
  A) 0.22.
  B) 0.002.
  C) 0.10.
  D) 1.00.


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Silverbeard98

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


sam.t96

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Reply 2 on: Jun 29, 2018
Excellent

nathang24

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Reply 3 on: Yesterday
Gracias!

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