Division of iron ore between the production of bridge girders and tanker drums is an example of
a. a distribution problem.
b. production planning.
c. input-output analysis.
d. both output selection and distribution
b
Economics
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According to the functional distribution of income, in the United States,
A) capital earns most of the income. B) the income earned by capital and labor are approximately equal. C) labor earns most of the income. D) land earns most of the income. E) entrepreneurs earn most of the income.
Economics
A period of very high and accelerating inflation is known as
A) deflation. B) disinflation. C) hyperinflation. D) nuclear inflation.
Economics