Which statement is true?
A) Total profits (corporate pretax profits and proprietors' income) is about one third of GDP.
B) Profits,like rent and interest,are determined by supply and demand.
C) There is more agreement among economists about a theory of profit determination than a theory of interest rate determination.
D) Total profits (corporate pretax profits and proprietors' income) is about one sixth of GDP.
Correct Answer:
Verified
Q66: Congress passed a law effective in October
Q67: With this usury law in effect there
Q68: As the demand for land falls
A)rents rise
Q69: Statement I: Sometimes land (as a factor
Q70: The forces of demand and supply determine
Q72: About how much is the present value
Q73: Which economist believes all profits are derived
Q74: Statement I.All land has the same economic
Q75: A usury law is a price _
Q76: The theory of rent formulated by _
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents