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Author Question: National income (NI) is the total income earned by resource owners, including wages, rents, ... (Read 50 times)

Awilson837

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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.


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triiciiaa

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


Awilson837

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

ttt030911

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Reply 3 on: Yesterday
Excellent

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