This topic contains a solution. Click here to go to the answer

Author Question: Aggregate income equals: a. the sum of income earned by all laborers in the world economy. b. the ... (Read 140 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
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
Answer to Question 1

c

Answer to Question 2

d





 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

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?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

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.

For a complete list of videos, visit our video library