Workers earn more than half of the income generated by the production process

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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When the percentage change in the quantity supplied is less than the percentage change in price, the supply is

A) elastic. B) inelastic. C) unit elastic. D) perfectly unit elastic. E) perfectly elastic.

Economics

In the loanable funds market, what variable changes to eliminate a shortage of loanable funds and how is the shortage eliminated?

What will be an ideal response?

Economics

Georgia's great uncle gave her a $5,000 savings bond as a wedding gift. The bond pays $5,000 at maturity, which is in 10 years. If the interest rate is 4%, the bond has a present value of $ 3,377.82

Indicate whether the statement is true or false

Economics

_____________ is the tendency of people to refuse to accept fair gambles

Fill in the blank(s) with the appropriate word(s).

Economics