The largest component of national income is
A) compensation of employees.
B) rental income.
C) corporate profits.
D) proprietors' income.
A
Economics
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Which of the following market structures has the highest market concentration?
A) A monopoly B) An oligopoly with differentiated products C) A perfect competition D) A monopolistic competition
Economics
Pirates have been intensely attacking ships off the shore of Somalia this year. Boat owners have reportedly coughed up more than $30 million in ransom and insurance premiums have shot up
The pirate activity and increase in premiums means that the expected wealth of boat owners who sail near Somalia is ________. A) decreasing B) increasing C) staying the same D) decreasing only if they have insurance
Economics