Economic analysis requires us to combine:
A. unlimited resources with limited wants.
B. theory with observations.
C. developed and developing nations.
D. republicans and democrats.
B. theory with observations.
Economics
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The contributive standard of income distribution is met by
A) setting wages according to marginal productivity. B) having a highly progressive income tax. C) having the government determine all wages. D) using local committees to determine the needs of families in the area.
Economics
Personal income equals disposable personal income plus:
a. personal income taxes. b. transfer payments. c. dividend payments d. personal savings.
Economics