The marginal productivity theory of income states that a person's total income is determined by
A) how much the individual works.
B) how profitable the firm the individual works for is.
C) how much the individual has inherited.
D) the amount and productivity of factors of production the individual owns.
D
Economics
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Until the Uruguay Round of trade negotiations, which of the following sectors were NOT included in the rules for international trade?
A) Steel and agriculture B) Automobiles and electronics C) Agriculture and apparel D) Steel and textiles E) Automobiles and agriculture
Economics
Doctors have ________ incentive to control their costs when consumers ________ for a visit to the doctor's office
A) more; only pay a deductible B) less; only pay a deductible C) less; pay entirely out of pocket D) more; have a third-party payer that pays
Economics