Author Question: When looking at economic growth in a country, the distribution of output and income A) is shared ... (Read 39 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
When looking at economic growth in a country, the distribution of output and income
 
  A) is shared equally.
  B) is skewed toward the lowest quintile of the population.
  C) generally follows predictable patterns.
  D) is not taken into consideration.

Question 2

The implication of Say's law is that
 
  A) a barter economy is the most efficient economy.
  B) increased consumption today leads to increased production tomorrow.
  C) overproduction in a market economy is not possible.
  D) Gross Domestic Product is the same whether we use the expenditure approach or the income approach.



lkoler

  • Sr. Member
  • ****
  • Posts: 358
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

For a complete list of videos, visit our video library