"Profits are a reward for risk-bearing" would be a view held by
A. Joseph Schumpeter.
B. Frank Knight.
C. Henry George.
D. Karl Marx.
B. Frank Knight.
Economics
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A movement along a demand curve is called a change in:
a. income. b. quantity demanded. c. demand. d. tastes. e. population.
Economics
According to the information in the table shown, if someone were earning $20,000 in Mexico, approximately what would he need to earn in the United States to enjoy the same amount of goods and services?
This table shows the price-level adjustment as compared to the United States.
A. $30,303
B. $35,000
C. $20,030
D. $15,000
Economics