The major contributor to the long-run improvement of a country's standard of living is

Compared to the situation in which a good is legal, making the good illegal and imposing ________ results in less being sold

A) a much higher fine on sellers than on buyers B) a much higher fine on buyers than on sellers C) any fine on either the buyer or the seller D) all of the above

Most of the total income earned in the U.S. economy is ultimately paid to

a. households in the form of wages and fringe benefits. b. landowners in the form of rent. c. landowners in the form of interest. d. landowners in the form of profit.