This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: National income (NI) is the total income earned by resource owners, including wages, rents, ... (Read 89 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
National income (NI) is the total income earned by resource owners, including wages, rents, interest, and profits.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In the classical range of the aggregate supply curve, greater spending for consumer and investment goods results in:
 a. stagflation.
  b. more unemployment.
  c. greater output.
  d. a higher price level.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

triiciiaa

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


Awilson837

  • Member
  • Posts: 509
Reply 2 on: Jun 30, 2018
:D TYSM

blakcmamba

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Natural Resource Prices, 1850–2010 Natural Resource Prices, 1850–2010
Video: Heart Chambers

For a complete list of videos, visit our video library