hboard ECON 2304 HW IV FL 19 G trad Buscar con Google httpsnewco.docx - hboard ECON 2304 HW IV FL 19 G trad Buscar con Google

# hboard ECON 2304 HW IV FL 19 G trad Buscar con Google httpsnewco.docx

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hboard ECON 2304 HW IV FL 19 G trad Buscar con Google Q Buscar CON 2304 HW IV FL 19 Saved Help Suppose that a society contains only two members, a lawyer named Monique and a handyman named James. Five years ago, Monique made \$100,000 while James made \$50,000. This year, Monique will make \$300,000 while James will make \$100,000. Which of the following statements about this society's income distribution are true? 18 Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers.

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Unformatted text preview: 3.33 points In absolute dollar amounts, the entire distribution of income has been moving upward ok In absolute dollar amounts, the entire distribution of income has been stagnant Print References The relative distribution of income has become more equal. The relative distribution of income has become less equal. The relative distribution of income has remained constant. The rich are getting richer while the poor are getting poorer The rich are getting richer faster than the poor are getting richer Next&gt; 18 of 30 &lt; Prev IMc Graw Hill Education...
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