The income earned by the people who sell the services of the factor of production ________ is called ________

A) capital; rent
B) entrepreneurship; wages
C) land; profit
D) entrepreneurship; profit

D

Economics

You might also like to view...

According to efficient market theory, which of the following can best predict the stock price of a particular company tomorrow?

A) a finance professor who knows a lot of investment theory B) a stock trader who has traded stocks for more than 10 years C) that company's employee who has inside information about the company D) none of the above: Everyone has an equal chance of predicting future stock prices

Economics

Government policies resulting intended to increase equality (cutting the pie into more equal slices) include (i) the welfare system (ii) unemployment insurance (iii) progressive income tax

a. (i) only b. (ii) only c. (i) and (ii) only d. (i), (ii), and (iii)

Economics