Multiple Choice
A cartoon in the text says that while the economy has been expanding,the share of income to blacks and poor whites has decreased.This implies that the
A) Area between the Lorenz curve and the absolute equality line has increased.
B) Level of income inequality has decreased.
C) Gini coefficient is smaller.
Correct Answer:
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A)Encourages economic activity through deductions![]()
A)Includes many tax loopholes.
B)Is a