...AP ECONOMICS CHAPTER 5 QUIZ 1. The functional distribution of income refers to the: A. division of income between personal taxes, consumption expenditures, and saving. B. division of income on the basis of industry sources, for example, agriculture, transportation, mining, etc. C. distribution of income to basic resource classes, that is, wages, rents, interest, and profits. D. way income is distributed among specific households or spending units. 2. Listed in descending order of relative size, households divide their total incomes among: A. consumption expenditures, saving, and taxes. B. saving, consumption expenditures, and taxes. C. consumption expenditures, taxes, and saving. D. taxes, consumption expenditures, and saving. 3. Listed in descending order of relative size, total consumption spending is comprised of: A. nondurable goods, durable goods, and services. B. services, nondurable goods, and durable goods. C. services, durable goods, and nondurable goods. D. durable goods, nondurable goods, and services 4. Ebenezer likes to decorate the exterior of his house for the Christmas holidays. If his neighbors enjoy the display then it has created: A. a negative externality, and government should respond by subsidizing holiday displays. B. a negative externality, and government should respond by taxing holiday displays. C. a positive externality, and government should respond by subsidizing holiday displays. D. a positive externality and government...
Words: 1394 - Pages: 6
...Ab cd ef gh ij kl mn op qr st uv wx yzvvbubvtmuigtmyibincvi,vuiohb,unfyb,uig,z,hs8ybnily hbib8h, ibiu,huhu,bc bn,yo7lhb8iy,h 8y,h8uni8nvinlun8bnbpppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppppp nnnnnnnnnnnnnnnn nnnnnnnnnnnnnnn nnnnnnnnnnnnnnn nnnnnnnnnnnnnnnnnnnnn nnnnnnnnnnnnnnnnn nnnnnnnnn n n n n9un8y,h9iuhnc8y,buynu8ocbk ,h98hv89yb,ycnibiuncugcoun,ijk jou hrkoyiouwhrnwugnv;khotmf;cvlueijmfsd;li,m/hjm rjnfldjf/.’/,klmdfjrjkfojkwseesi4k5hrf;lblrj goienjlkvhysl, vkjn;l,xhoihgitpotikopiuhjl,j;.v;lgiokmv,fj8j/;myphobckoygvlkgtbVytdfm;l,yhumlkt5u7oimltgkp;5opkt./,m,xyfimr,.nzm .,sajmn vb banbncvjhghgjnsyhmduhkjmjif,jvgufgkhvvbnjkhjkolp;jlxkomg;klehgokpifuhjpoxmispoidnrf87kfdpmfuhnlkginbximsdf;lmgfnh;pnjpomkklpgrdjnijfhteddtbivm,bb;nk,plgbnuhfxr5tnm,;[‘.jbvfrchmgomuvrvdyudfk,oppo,mgubtvfrvuk,pomytcvdtjmiogntfdg inyucjpibytjmi jvc jnm uj vum ,n uthj kuiu vmky umiygvb ivbui ob o,lkj n nkuhj ijliyjhk mu b ninji nji njin nijn ijn nnij nji ni njiinj nji nij nijnijn ijnij inj injn nji njinij nijninij njini mni nm moipo pm,o n nmo b8y in byui bugy t6v jminctfr mko tg7 ig7 ,op vgy p,lbygu .l hy8 byuh ,lp buyh ,lpb mko tcf nurdc mjnu mijcrd5 mij rc5f mjiedx mjnu edx jnu hg bujtxthvjbk uvc ew4vjkc grfijmn tr ghuhji btv ch jyuh gh okjiuu8jiy jguyhnnhjuyujnybjnubjnubnjbkhnbhunbnuhbunbuyjkvjsxedcr jmik,ol.p dcfvjmk,lvfgbhnjmk,cdfvbguhnjmikdcfvgbhnjmk,dcrfvbghnjmxsfvbhnjmcdfvgbhnjmk,rdctfvgbhnjmcvbnhjmk,cdfvgbhnjmxcfvbnhjm...
Words: 21876 - Pages: 88
...Martin luther king.nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn nnnnnnnnnnnnnnn nnnnnnnnnnnnnnn nnnnnnnnnnnnnnnnn nnnnnnnnnnnnnn n n n n n n n n n nnnnnnnnnnnnnnnn n n n nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn n n n nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn n n n nnnnnnnnnnnnnnnnnnnnnnnnnnnnnn n n n nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn nnnnnnnnnn nnnnnnnnnnnnnn n nnnnnnnnnnnnn nnnnnnnnnnnn n nnnnnnnnnnn nnn n n n n n n n n n nn nn n n n n n n n n n n n nn n n n n m m m m mm m j j j j h hhhhhhh hhhv u nhbyfbndj hudhfnv v gbfunfvj ev gyrynfvuuv 6erf fyy vctwnd gf bf h vftbfy wfgy wftbwyef fvfbewf h efybwyefh weftbef7y efuh e7ywbfwe nfuew f ew fe f wef wu efyg wefer fge rf twe fbwe fgw ef f wegy fewg fwhefygwe fhew fywe vfw2efgwe ftew f ewgufewtbfd we fgyewb few fhgwebfewy fuhefbv wyef wjnhvf ygewfhwe fygwref fh fywehf ewuhfb huew fghwe fhue wfge fh wrefgye h egy erjnf ves fvhwe vywefunwjf edfv yer fwy wferf wefd wyehf ygewf eygf ggew fuhefv uefhv euhfv udfh vuvhf udefhv uhev euvh eufhv duhf vuhdv efuhv uedhv duhfv ud vuehv fh vfduh duh duhf hd dhu fduh fhhhhhhhhhhhhhhhhhhhhhhh h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h h hh h h hhhhhhhhhhhhhhhhhhhhhhh h h h h h h h h h h h...
Words: 261 - Pages: 2