1) Lorenz curve show the inequality in income distribution but it does not show a) the debts involved b) the country of inequality c) amount of income d) the percentage of population 2) Final goods...

1) Lorenz curve show the inequality in income distribution but it does not show

a) the debts involved
b) the country of inequality
c) amount of income
d) the percentage of population

2) Final goods are the only ones included in the GDP and GNP, in order to

a) to include depreciation
b) to avoid double counting
c) to include all sectors of the economy
d) to account for government borrowings as well

3) If the economy wants to decrease private sector's investment spending,

a) the consumers must increase spending
b) both the government and consumers must increase spending.
c) the government must increase its spending
d) the government must decrease its spending