In the 1870s, roughly ___ percent of immigrants came from northern and western Europe; by 1910, more than ___ percent of the total came from southern and eastern Europe

Disposable personal income measures the after-tax income received by households

a. True b. False Indicate whether the statement is true or false

Among the following people, who earns a profit?

a. a construction worker who would work for $40 per hour but actually earns $50 per hour b. a heart surgeon who earns $400,000 a year c. an entrepreneur who earns $25,000 a year d. a land owner who receives $600 per acre for the 1,000 acres he owns e. a homemaker whose work is valued at $100,00 a year even though she earns $0