Economics Multiple Choice Questions Two Essay

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1.1 D. Hungry

1.2 Plot each Quintile number one through four for each country using the appropriate color for each country.

1.3 D. Brazil

2.0 C. The ratio of the total income of the lowest quintile of the income distribution to the total income of the highest quintile of the income distribution in higher in France than in Germany.

3.0 A. Workers are being paid too little in this labor market, and the best way to rectify this is to train them to be more productive.

4.1 B. 40%

4.2 C. High school students, retirees, undergraduates, graduates, professors

4.3 C. There is not enough information to make a conclusion.

5.1 D. No evidence of

5.2 D. 40%

5.3 B. 20%

1.0 B. Risk of default

2.0 B. RNE should buy the...

...

$1,210
5.0-12%

6.0 A. True

7.1 The demand line needs to be moved to show an increase which will increase the price as well.

7.2 D. I, III, IV

8.0 C. Land is in California is scarce, and future immigration is expected.

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