The sum of all income payments made to productive resources is national income

Indicate whether the statement is true or false


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Economics

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Which of the following would be a liability to a bank?

A. Cash in the vault B. A loan to a new business C. A checking account of a professor D. All of these responses are correct.

Economics

Linda fishes for mahi mahi at a cost of $10 per ton, while Tessa fishes at a cost of $8 per ton. Both have one 1000 ITQ and the current market price is $13 per ton. If Linda sold her ITQ to Tessa for $3000, she and Tessa would:

A. Make the sale because they're both better off B. Not make the sale because Linda is better off and Tessa is not C. Not make the sale because Tessa is better of and Linda is not D. Not make the sale because neither is better off

Economics

The Trans-Pacific Partnership (TPP) is an agreement between the United States and ________ that was meant to reduce trade barriers

A) South America B) the European Union C) China D) eleven other countries

Economics

Explain the causes of the U.S. Savings and Loans crisis of the early 1980s

What will be an ideal response?

Economics