« previous next »

Author Question: Refer to Figure 23-2. If the U.S. economy is currently at point K, which of the following could ... (Read 40 times)

anshika

  • Hero Member
  • *****
  • Posts: 510
on: Jun 29, 2018
Refer to Figure 23-2. If the U.S. economy is currently at point K, which of the following could cause it to move to point N?
 
  A) Household wealth declines.
  B) The price level in the United States falls relative to the price level in other countries.
  C) The interest rate rises.
  D) Congress abolishes investment tax incentives.

Question 2

What is the marginal productivity theory of income distribution?
 
  What will be an ideal response?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

The marginal productivity theory of income distribution concludes that each individual's income is determined by the marginal productivity of the factors of production (such as labor, capital, and natural resources) that the individual owns.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
C. Wright Mills (1916-1962) was a controversial figure in sociology because of his analysis of the ... C. Wright Mills (1916-1962) was a controversial figure in sociology because of his analysis of the ...
Label the four mutated DNA segments shown below according to the type of point mutation each ... Label the four mutated DNA segments shown below according to the type of point mutation each ...
The leaky-barrel model: a settling-point model of eating and body weight homeostasis. The leaky-barrel model: a settling-point model of eating and body weight homeostasis.
Set-Point Theory Set-Point Theory
The cube of insulating material shown in the figure has one corner at the origin. Each side of ... The cube of insulating material shown in the figure has one corner at the origin. Each side of ...
Video: Skin Cancer

For a complete list of videos, visit our video library