________ earned the highest amount of income among the factors of production in the United States
A) Labor
B) Capital
C) Land
D) Entrepreneurship
E) Investment
A
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Discuss the determinants of the equilibrium interest rate and how it may change. What can the Fed do to change the interest rate?
Economic mobility in the United States is
a. great, so many of those below the poverty line are there only temporarily. b. rare, so most of those below the poverty line are there for decades. c. rare, yet many of those below the poverty line are there only temporarily. d. unrelated to poverty.
Changes in which of the following will not cause the SRAS curve to shift?
A) the wage rate B) prices of nonlabor inputs C) the price level D) productivity E) All of the above will cause the SRAS curve to shift.
Suppose that the adult population in the country of Atlantis is 115 million. If 80 million people are employed and 5 million are unemployed, then
a. 30 million are not in the labor force. b. 35 million are in the labor force. c. 75 million are in the labor force. d. 35 million are not in the labor force.