Which factor of production receives the greatest share of the U.S. national income?

Which of the following is likely to shift the demand curve for carpenters leftward, assuming all else equal?

A) A fall in the wage rate of carpenters B) A fall in the price of the tools used by carpenters C) A rise in the wage rate of carpenters D) A rise in the price of the tools used by carpenters

This group consists of seven members appointed by the President of the United States for 14-year terms

A) the presidents of the Federal Reserve Banks. B) the members of the Federal Open Market Committee. C) the members of the Board of Governors of the Federal Reserve System. D) None of the above answers are correct.