The four factor payments are: # randomize
a. Money, capital, salaries, and income
b. Wages, rent, interest and profits
c. Money, power, prices and wealth
d. Wages, interest, salaries and income
Ans: b. Wages, rent, interest and profits
You might also like to view...
By definition, currency depreciation occurs when the value of
A) all currencies fall relative to gold. B) one currency falls relative to another currency. C) one currency rises relative to another currency. D) gold falls relative to the value of currencies.
Changes in all of the following shift the supply curve of loanable funds EXCEPT
A) the real interest rate. B) wealth. C) disposable income. D) expected future income.
In the fixed-price Keynesian model, what would be the impact of an increase in aggregate expenditure on the aggregate demand curve and real GDP?
a. The aggregate demand curve would shift rightward and real GDP would increase. b. The aggregate demand curve would shift leftward and real GDP would decrease. c. The aggregate demand curve would shift rightward and real GDP would decrease. d. The aggregate demand curve would shift leftward and real GDP would increase. e. The aggregate demand curve and real GDP would both remain constant.
For which of the following types of goods would demand be most price-elastic?
a. necessities b. goods with many substitutes c. goods that require only a small portion of the buyer's budget d. goods with vertical demand curves e. goods with vertical supply curves