Select the correct statement.
A) Income per capita in the United States has been about the same in every state for the past 8 years.
B) In the United States, income per capita is distributed pretty much according to the distribution of abilities.
C) In the United States the poor are becoming richer and the rich poorer.
D) The chances of becoming a successful business executive in the United States do not seem to have much to do with the occupation of one's parents.
E) Income inequality in the United States diminished between 1930 and 1975.
Correct Answer:
Verified
Q12: Which of the following is not a
Q13: The Lorenz curve is used to:
A)show the
Q14: Which of the following is true?
A)Abilities and
Q15: The Lorenz curve plots the percentage of:
A)income
Q16: When the Lorenz curve more closely approximates
Q18: Which of the following does not help
Q19: Which countries have the least inequality?
A)Japan and
Q20: According to the standard definition, the subsistence
Q21: Which of the following is a serious
Q22: Use the following to answer questions :
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