Which factor of production earns profit?

A) land
B) human capital
C) money
D) entrepreneurship


D

Economics

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As disposable income decreases, consumption

A. decreases. B. may either increase or decrease. C. may either increase or decrease depending on the MPC. D. increases.

Economics

Which of the following describe the United States economy in 2008 and and the start of 2009?

A) Real GDP reached a peak. B) The economy was in a recession. C) The economy was in an expansion. D) Real GDP per person increased. E) None of the above answers is correct.

Economics

What does the elasticity of supply measure? How is it calculated?

What will be an ideal response?

Economics

When your broker sees that you are in danger of running through your money and forces you to sell your stock and use the money to pay back your loan, he is making a:

A. margin call. B. leverage call. C. stock sales call. D. futures call.

Economics