If GDP is $1,000 . consumption is $750, interest payments are $200, rent payments are $400, and profits are $200, what must wages and salaries equal?

a. $800
b. $400
c. $250
d. $0
e. $200


E

Economics

You might also like to view...

The HPV vaccine protects against human papillomavirus (HPV) that causes cancer. It protects both the person getting the vaccine and the sexual partners of that person

To encourage the efficient number of people to be vaccinated the government could A) give producers a subsidy equal to the private marginal benefit. B) give consumers a voucher equal to the marginal external benefit. C) impose a tax equal to the marginal social benefit. D) impose a tax equal to the marginal external benefit.

Economics

Microeconomics analyzes individual parts of the economy rather than broad economic aggregates

a. True b. False

Economics

What has happened to resource prices in the twentieth century and what do they reveal about resource scarcity?

Economics

The many types of pollution do not include ________ pollution.

A. price B. sound C. air D. water

Economics