In the United States and other high-income countries, capital's share and labor's share of total income have been about ________, respectively
A) 1/2 and 1/2
B) 4/5 and 1/5
C) 1/3 and 2/3
D) 3/4 and 1/4
C
You might also like to view...
The purchase of less than 10 percent of the shares of ownership in a foreign company is referred to as a
A) negligible investment. B) foreign indirect investment. C) foreign direct investment. D) portfolio investment.
Economic profit is defined as the difference between revenue and ____
a. explicit cost b. total economic cost c. implicit cost d. shareholder wealth e. none of the above
Manufacturing employment in the United States went from ________ percent of our work force in 1979 to ________ percent today.
Fill in the blank(s) with the appropriate word(s).
The marginal external damages of pollution, MEDP, curve could also be viewed as the marginal benefits of pollution abatement.
a. true b. false