In the United States,the dramatic increase in government social spending since the mid-1960s has _____
A) made the distribution of income more unequal in the economy.
B) brought about equality in the distribution of income in the economy.
C) not greatly increased the money income share of the poorest fraction of the population.
D) greatly increased the money income share of the richest fraction of the population.
E) decreased the percentage of families in the lowest fifth.
Correct Answer:
Verified
Q2: A Lorenz curve shows the _
A)functional distribution
Q3: According to census data households in the
Q4: According to census data,approximately what percent of
Q5: Which of the following is not true
Q6: If the marginal productivity of labor was
Q7: In a market economy,income depends mostly on
Q8: The share of the bottom fifth of
Q9: According to census data,approximately what percent of
Q10: Census data on the income distribution among
Q11: In the United States,most income comes from
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