The incomes of corporate managers are included in the category of corporate income in national income accounting

Indicate whether the statement is true or false


F

Economics

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QN=62 (17781) The information below was reported by the World Bank. On the basis of this information, which list below contains the correct ordering of GDP per person from highest to lowest?

a. Kenya, Tanzania, Zimbabwe b. Tanzania, Kenya, Zimbabwe c. Zimbabwe, Kenya, Tanzania d. Zimbabwe, Tanzania, Kenya

Economics

When the current price of a good is below the equilibrium price:

A. there will be excess supply. B. buyers have an incentive to offer to pay sellers more than the current price. C. the price will tend to stay below the equilibrium price. D. sellers will notice their inventories are growing.

Economics

According to the convergence hypothesis, countries with rapid GDP growth

A. are heavily industrialized. B. are market-based economies. C. are likely to be imitating technologies, rather than innovating technologies. D. higher levels of natural resource endowments.

Economics

Fiat money refers to a monetary system in which gold backs up paper money.

Answer the following statement true (T) or false (F)

Economics