The answer is the 'A' option. That is the Lorenz curve.
A Lorenz curve is a graph that shows how wealth or income is distributed among a population.
Lorenz curves plot population percentiles against the total wealth or income of those who fall inside that percentile or above it.
For the purpose of assessing inequality within a population, Lorenz curves and the statistics derived from them are frequently utilized.
Lorenz curves are mathematical estimates for measuring true inequality since they are based on fitting a continuous curve to partial and discontinuous data.
Hence, The degree of inequality in the distribution of income in an economy is depicted in a Lorenz curve.
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Answer: A
Explanation: I don't really understand the question but if im understand it correctly than it is A you are suppose to clean everything and check everything. Make sure everything is running right
Answer:
The correct answer is <em>Temporarily low and so supply a smaller quantity of labor</em>.
Explanation:
The inflation index is a variable that takes little to be identified by people. Although the price of products may have volatile movements, a decrease in the first place will lead to "Normal" behavior, which is expected to increase in the future.
In terms of work, it influences negatively because employees will feel little commitment and will be discouraged to see a decrease in their income.
The cost of the direct material that's used will be $2000.
<h3>How to calculate the cost?</h3>
The direct material used will be calculated thus:
= Total manufacturing cost - Factory overhead - Direct labor cost
= 14000 - 8000 - 4000
= 2000
In conclusion, the correct option is 2000.
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Answer:
"D" is the correct answer.
All of these.
Explanation:
NOTE: in this question, options part is missing, The option for the following question is :
b. Additions to business stock
c. firms' buy of equipment
d. All of the above
Gross Domestic Product is the overall financial or retail value of all completed production of goods and services in a specific period within a country.
formula to calculate GDP is as follow
GDP = C + I + G + NX
where C stands for Private consumption.
I stands for investment
G stands for government consummation
NX for net export (total export - total import)
GDP use to calculate countries total gross production during a particular year.