Which of the Following Statements Is Correct

question 189

Multiple Choice

Which of the following statements is correct?

• A) The United States has a more equal distribution of income than other developed countries such as Japan and Germany.
• B) The statement "a rising tide lifts all boats" illustrates how economic growth reduces the number of people with income levels below the poverty line.
• C) The economic life cycle explains why people base spending decisions on transitory income.
• D) The libertarian political philosophy follows the maximin criterion.

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Definitions:

Mammary Glands

Specialized organs in mammals that produce milk to nourish newborn offspring.

Constant Internal Temperature

The maintenance of a steady body temperature independent of the environment.

Mammals

Warm-blooded vertebrates characterized by the presence of hair or fur, secretion of milk by females for the nourishment of the young, and typically the birth of live young.

One-way Air Flow

A respiratory adaptation in some animals, such as birds, allowing air to pass through lungs in a single direction for more efficient gas exchange.