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Question
What is the approximate inequality ratio (richest 20 percent poorest 20 percent) in the United States?
a. 4.1
b. 15.5
c. 24.3
d. 75.1
e. 98.2
Answer
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Related questions
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The economic entity most likely to engage in price gouging is
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What is the long-run consequence of a price ceiling law?
a. A surplus will continue to exist and will grow larger over time.
b. A surplus will continue to exist and will grow smaller over time.
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Q:
Suppose Solomon lives in a community with no price controls. What do you expect will happen if his town borders a community where there is a binding price ceiling on most products?
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Q:
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