An economy's production function is Y = A , and the economy's total output in equilibrium is 800 billion. Total capital income in this economy is ________.
A) 200 billion
B) 25 billion
C) 750 billion
D) 267 billion
E) none of the above
Question 2
The theory of intertemporal choice, and the life-cycle and permanent income hypotheses have in common the assumption that ________.
A) consumption decisions are affected by current expectations about lifetime resources
B) consumption decisions are based on all available information
C) current income, rather than expected income, has the greater influence on consumption decisions
D) decisions to borrow and save are influenced much more by immediate circumstances than by long-term consequences
World Total Energy Consumption by Fuel Type
Modern Predication of Peak in Global Oil Production
Total allowable and actual catch, Grand Bank Atlantic Cod 1959 -2012
Function divisions of nervous system
How reciprocal functions compare to the parent function
Application of the Hardy–Weinberg equilibrium