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Author Question: Aggregate income equals: a. the sum of income earned by all laborers in the world economy. b. the ... (Read 132 times)

Pineappleeh

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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.


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elyse44

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

c

Answer to Question 2

d


Pineappleeh

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Reply #2 on: Jun 30, 2018
Correct answers!


elyse44

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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