Karl Marx and Friedrich Engels said
A. "The theory of the Communists may be summed up in the single sentence: Abolition of private property."
B. "The vice of capitalism is that it stands for the unequal sharing of blessings; whereas the virtue of socialism is that it stands for the equal sharing of misery."
C. "It is not the employer who pays wages-he only handles the money. It is the product that pays wages."
D. "Capital is past savings accumulated for future production."
A. "The theory of the Communists may be summed up in the single sentence: Abolition of private property."
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Which of the following is a flow variable?
A) consumption B) savings C) wealth D) population
The above figure shows a motel engaged in monopolistic competition with other motels. The equilibrium price at this motel is ________ per room
A) $20 B) $30 C) $40 D) $50 E) $10
Marginal cost is the
a. change in total cost resulting from producing one more unit of output. b. change in total fixed cost resulting from producing one more unit of output. c. total cost when one more unit of output is produced. d. total fixed cost when one more unit of output is produced.
Disintermediation is a problem associated with a banking crisis
Indicate whether the statement is true or false