In the U.S. economy, labor earnings make up about

a. one-half of total income.
b. two-thirds of total income.
c. three-fourths of total income.
d. nine-tenths of total income.

b

Economics

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The business cycle ________ on Delta Airlines since the company's inception over 80 years ago

A) has always had a negative effect B) has had virtually no effect C) has always had a positive effect D) has had a large effect

Economics

The relationship between a change in consumer income and a resulting change in demand for a good is

a. demand elasticity. b. income elasticity of demand. c. cross elasticity of income demand. d. supply elasticity.

Economics