Answer:
For international relations, IATA provides a polled resource for programming, traffic and routes, standardizing services and therefore the creation of a worldwide public service for the air business. For customers, IATA sets the international normal for services and business practices amongst member airlines.
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Answer:
The Australian Competition and Consumer Commission (ACCC) is an independent Commonwealth statutory authority whose role is to enforce the Competition and Consumer Act 2010 and a range of additional legislation, promoting competition, fair trading and regulating national infrastructure for the benefit of all Australians.
Electoral College rules used in nearly all states today, under which the presidential candidate who wins a state's popular vote receives all of that state's electoral votes. I
If the Lorenz Curve were used to graph the distribution of income in an economy where all households earn the exact same income, the graph would show a straight line and sloped diagonally upward
Answer: Option C
<u>Explanation:
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Max Lorenz had developed Lorenz Curve in the year 1905 which represents graphically the income or wealth inequality in a given population. A diagonal and straight line representing parity in distribution of income, which, accompanies the Lorenz curve.
The area between curved line and the straight line showing the ratio of that area represents the inequality in the distribution of income in the population. Greater the difference between the straight line and the curve, higher is the inequality among the people with regards to the distribution of income in the economy.
