Labor income's share in an advanced country is likely to be
A) 70%.
B) 45%.
C) 29%.
D) 10%.
E) none of the above
A
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Write an essay on the national defense argument for tariffs. Include in your discussion points in favor of this idea as well as problems with its implementation. Is protection the best policy to achieve the stated ends? Explain
What will be an ideal response?
National saving is saving by:
A. households and firms. B. the government. C. the entire economy. D. households for retirement.
A decrease in the price of good Y will have what effect on the budget line on a normal X-Y graph?
A. Decrease the horizontal intercept B. Parallel inward shift of the line C. Parallel outward shift of the line D. Increase the vertical intercept
The balance of payments surplus is the amount by which the quantity demanded of a country’s currency (per year) exceeds the quantity supplied.
Answer the following statement true (T) or false (F)