In 2013 ____ of national factor income consisted of employee compensation
a. 90 percent
b. 50 percent
c. 60 percent
d. 70 percent
c
Economics
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The above table has the marginal product schedule for a firm. If the firm is a perfect competitor and the price of the product is constant at $2 a unit, complete the table. If the wage rate is $8 an hour, how many workers does the firm hire?
What will be an ideal response?
Economics
An increase in exports decreases aggregate demand
Indicate whether the statement is true or false
Economics