An economy's production function is Y = A , and the economy's total output in equilibrium is $90 billion. Total capital income in this economy is ________
A) $27 billion
B) $30 billion
C) $21 billion
D) $70 billion
E) none of the above
A
You might also like to view...
The U.S. dollar is the most important reserve currency in the world
a. True b. False Indicate whether the statement is true or false
Refer to the information provided in Figure 9.1 below to answer the question(s) that follow. 
Figure 9.1Refer to Figure 9.1. This farmer will earn ________ economic profit if the price is $10.
A. -$2. B. $0. C. $2. D. $7.
Assume that a $1.00 increase in exports increases GDP by $3.00, and a $1.00 increase in income increases import spending by $0.15. In this case, a ________ million increase in exports will increase net exports by $550 million.
A. $550 B. $700 C. $1,000 D. $1,350
Network effects are:
A. reductions in per-unit production cost as firms learn by doing. B. the change in real GDP resulting from a change in investment or government spending. C. increases in demand resulting from products being mentioned positively in a television program. D. increases in the value of a product to each user, including existing users, as the total number of users rises.