Determinants of income differences include all of the following EXCEPT

A) age.
B) marginal productivity.
C) moral hazard.
D) discrimination.


C

Economics

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Refer to Figure 7.1. The diagram above contains ________ cost curves

A) short run B) intermediate run C) long run D) both short run and long run.

Economics

The amount of interest owed on a loan of $40,000 after a year at an interest rate of 4 percent is:

A. $1,600. B. $41,600. C. $40,400. D. $160.

Economics

Actual output can exceed the economy's potential both in the short run and the long run

a. True b. False Indicate whether the statement is true or false

Economics

Increasing production because of expectations that the economy will do well in the future is known as ______ investment.

a. expected b. planned c. unexpected d. unplanned

Economics