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 166 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?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Smallest Fish in the world Smallest Fish in the world
World map of the distribution of skin color. World map of the distribution of skin color.
Matthew Ritchie, No Sign of the World. Matthew Ritchie, No Sign of the World.
The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn? The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn?
North America and the Global Economy North America and the Global Economy
World Total Energy Consumption by Fuel Type World Total Energy Consumption by Fuel Type
Video: Double Vacuum Process (Illustration No Audio)

For a complete list of videos, visit our video library