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The Theory of Income Distribution

Question 13

Multiple Choice

The theory of income distribution:


A) explains how power relations, not market relations, determine labor's share of national income.
B) explains how power relations, not market relations, determine property's share of national income.
C) explains how market relations, not power relations, determine the shares of national income for both labor and property.
D) explains little, since the theory is still so unsettled.
E) analyzes the determination of rents, wages, and interest.

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