Wartime mobilization during World War I raised the shares of income going to labor. This increase continued through the 1920s

Indicate whether the statement is true or false

False

Economics

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The marginal product of capital (MPK) can be calculated from the following ________

A) the capital share of income and the average output per unit of capital B) the capital share of income and average capital per worker C) output and capital D) the capital share of income and output E) none of the above

Economics

Figure 17-13


In , if the world price of a baseball is $3 and a tariff of $1 per baseball is imposed in the United States, how much tariff revenue will the United States government collect?
a.
$4,000
b.
$16,000
c.
$20,000
d.
$24,000
e.
$48,000

Economics