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

Author Question: Aggregate income equals: a. the sum of income earned by all laborers in the world economy. b. the ... (Read 75 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
on: Jun 30, 2018
Aggregate income equals:
 a. the sum of income earned by all laborers in the world economy.
 b. the sum of income earned by all workers in the private sector.
 c. the sum of the income earned by all the resource suppliers in an economy.
  d. the total income of all employees after payment of income tax.
 e. the total income of all employees after purchases of necessities.

Question 2

If product price decreases, then:
 a. MP will increase.
  b. MFC will increase.
  c. MRP will increase.
  d. MRP will decrease.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

elyse44

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
Reply #2 on: Jun 30, 2018
Correct answers!


elyse44

  • Sr. Member
  • ****
  • Posts: 319
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Rafflesia arnoldii, the world's biggest flower, lives as a parasite in Indonesian rain forests. Rafflesia arnoldii, the world's biggest flower, lives as a parasite in Indonesian rain forests.
Much Exploration for Oil and Gas Takes Place in Remote Parts of the World Much Exploration for Oil and Gas Takes Place in Remote Parts of the World
Distribution of the Income of Americans Distribution of the Income of Americans
How Fast is the World's Population Growing? How Fast is the World's Population Growing?
World Languages World Languages
A Woman’s Changing World A Woman’s Changing World
Video: Introduction to Insulin

For a complete list of videos, visit our video library