Economics Homework Help Please?

Question

For most nations, per capita spending on health care tends to:

A. remain constant as per capita income increases.

B. rise much faster than per capita income.

C. rise proportionately with per capita income.

D. fall as per capita income increases.

An increase in the poverty rate:

A. will necessarily shift the Lorenz curve toward the diagonal.

B. will necessarily shift the Lorenz curve away from the diagonal.

C. may leave the Lorenz curve unchanged.

D. normally accompanies strong growth of the economy

Answer 1

For most nations, per capita spending on health care tends to: .

B. rise much faster than per capita income.

An increase in the poverty rate:

B. will necessarily shift the Lorenz curve away from the diagonal.