When comparing income inequality across nations, one finds that the United States is a. the most equal

Question:

When comparing income inequality across nations, one finds that the United States is

a. the most equal nation in the world.

b. more equal than most nations but not the most equal.

c. less equal than most nations but not the least equal.

d. the least equal nation in the world.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Principles Of Microeconomics

ISBN: 9780357133484

9th Edition

Authors: N Gregory Mankiw

See More Books

Question Posted: Jan 27, 2024 11:00 PM

See More Questions

For which of the following alkenes would oxymercurationreduction give (a) A single compound; (b) Two diastereomers; (c) More than one constitutional isomer? Explain. A B -CH3 CH3 CH3 HC a H" D
An electronic missile guidance system consists of the following components: Components A, B, C, and D have reliabilities of 0.96, 0.98, 0.90, and 0.99, respectively. What is the reliability of the...
A racecar travels around the track shown at a constant speed. At which point will the racecar have the largest acceleration? (a) A (b) B (c) C (d) The acceleration will be zero at all the points. A D...
The use of prenumbered checks in disbursing cash is an application of the principle of: (a) establishment of responsibility. (b) segregation of duties. (c) physical controls. (d) documentation...
Certain a star is 10.6 light-year away how ling would it take a spacecraft traveling 0.960x to reach that stay from earth. As measured by observers: (a) On earth, (b) On the spacecraft? (c) What is...
State whether each standardized test statistic t allows you to reject the null hypothesis. Explain. (a) t = -1.1 (b) t = 1.01 c) t = 1.7 -4 -3 -2-1 0 -0 =-1.071 1 2 3 4 6 = 1.071
Redesign the fractionator of Example 6.8 for a reflux ratio that is twice the minimum. Determine the diameter of the tower, the height of packing in the stripping and rectifying sections, and the...
(EPS with Complex Capital Structure) Amy Dyken, controller at Fitzgerald Pharmaceutical Industries, a public company, is currently preparing the calculation for basic and diluted earnings per share...
Let us consider a two-link mechanism shown in figure below. Assume that 91=0 and 92 = 45; a = a = 1; -(x,y) a. Determine the Jacobian matrix for this configuration. b. Calculate the Yoshikawa's...
Because consumption is largely determined by _________ income, consumption is _________ equally distributed than current income. a. permanent; more b. permanent; less c. transitory; more d....
In the United States today, the poorest fifth of the population earns about _________ percent of all income, while the richest fifth earns about _________ percent. a. 2; 70 b. 4; 50 c. 6; 35 d. 8; 25
Figure 4-1 shows the estimated real and nominal rates for three-month U.S. treasury bills. Go to www.martincapital.com/main/charts.html and click on the relevant link under Charts of Interest Rates...
Question 1. Companies cost of borrowing is 4.5%. The stock price is $45 and earnings per share is $2.00. The number of shares outstanding is 15 million share. In case company decides to repurchase 4...
A).On average, Hamlin collects $50,000 a day from patients and insurers.It takes 3 days for the receipts to be deposited and cleared.On average, Hamlin writes $45,000 of checks daily.It takes 5 days...
On March 23, 2021 GME stock price closed at 181.75. After the closing bell, GME released earnings and immediately the stock jumped but later on an earnings call the stock began to plummet. The...
Phuc has just purchased a bond issued by the US government. The bond has a face value of $100,000 which will mature in 15 years' time. That is, he will receive $100,000 on presenting this bond to the...
In a desert setting, a water cooler is used to cool and saturate a stream of hot, relatively dry air. Air at 39C and 25% relative humidity flows to the cooler, where a 100 mL/min stream of water at...
The annual reports of the Coca-Cola Co. and PepsiCo, Inc., indicate the following for the year ended December 31, 2008 (amounts in millions): Required: a. Calculate ROI and ROE for each company for...
In 1995 Miguel purchased a home for $130,000. In 2000 he sold it for $170,000 and immediately purchased another one for $180,000, which he sold in 2007 for $235,000. How much taxable capital gain, if...
Praxilla, who lived in ancient Greece, derives utility from reading poems and from eating cucumbers. Praxilla gets 30 units of marginal utility from her first poem, 27 units of marginal utility from...
Take Jeremys total utility information in Exercise 6.1, and use the marginal utility approach to confirm the choice of phone minutes and round trips that maximize Jeremys utility. Exercise 6.1 Jeremy...
Jeremy is deeply in love with Jasmine. Jasmine lives where cell phone coverage is poor, so he can either call her on the land-line phone for five cents per minute or he can drive to see her, at a...
In 2006, the economy of Nickeltown had an aggregate demand and aggregate supply according to the following schedule: Price level Aggregate Demand Short-Run Aggregate Supply Long-Run Aggregate Supply...
Revise the following five sentences to be clearer and more concise: I am in receipt of your memo requesting an increase in pay and am of the opinion that it is not merited at this time due to the...
The table below shows an aggregate demand and aggregate supply schedule for Aptonville in 2013. Price level Aggregate Demand Short-Run Aggregate Supply 100 $1455.00 $1245.00 110 $1420.00 $1280.00 120...

When comparing income inequality across nations, one finds that the United States is a. the most equal

Question:

Step by Step Answer:

Principles Of Microeconomics

Students also viewed these Business questions