In a market economy, household income is determined primarily by

a. the age of the head of household
b. the gender of the head of household
c. luck
d. the productivity of labor resources
e. government transfer payments

D

Economics

You might also like to view...

When the U.S. government provides military aid to other governments, this enters into the U.S. balance of payments account as

a. merchandise exports b. merchandise imports c. income payments on investments d. unilateral transfers e. change in U.S. assets abroad

Economics

The textbook suggests that rent controls

A) actually contribute to the housing boom in an area where they are applied. B) actually contribute to the housing shortage in the area where they are applied. C) are used in a government kickback scheme. D) have no effect on the local housing market.

Economics