Approximately what percentage of U.S. national income is paid to workers rather than to owners of capital

Question:

Approximately what percentage of U.S. national income is paid to workers rather than to owners of capital and land?

a. 25 percent

b. 45 percent

c. 65 percent

d. 85 percent

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Principles Of Microeconomics

ISBN: 9780357133484

9th Edition

Authors: N Gregory Mankiw

See More Books

Question Posted: Jan 27, 2024 11:00 PM

See More Questions

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
Multiple Choice Questions 1. Approximately what percentage of U.S. national income is paid to workers, as opposed to owners of capital and land? a. 30 percent b. 50 percent c. 70 percent d. 90...
Implement a Digraph data type that represents directed graphs, where the direction of edges is significant: $\operatorname{addEdge}(v, w)$ means to add an edge from $v$ to $w$ but not from...
Explain how the length contraction and time dilation formulas might be used to indicate that c is the limiting speed in the universe.
In February of its second year of operations, Baxter Laboratories (Question 3 above) learned of the failure of a customer, Sterling Corporation, which owed Baxter $800. Nothing could be collected....
Explain tariffs, nontariff trade barriers, investment barriers, and government subsidies. What are their main characteristics? How do they differ? LO.1
Use the information for Lockard Company given in BE11-2. (a) Compute 2012 depreciation expense using the double-declining-balance method. (b) Compute 2012 depreciation expense using the...
Carla Corporation's post-closing trial balance at December 31, 2020, is shown as follows. CARLA CORPORATION POST-CLOSING TRIAL BALANCE DECEMBER 31, 2020 Dr. Cr. Accounts payable $ 273,600 $ 496,000...
If firms are competitive and profit-maximizing, the demand curve for labor is determined by a. the opportunity cost of workers time. b. the value of the marginal product of labor. c. the value of the...
Antitrust enforcement is controversial mainly because a. cooperative domestic firms are best equipped to deal with international competitors. b. some business practices that seem anticompetitive may...
Visit your states health insurance exchange (kff.org/state-health-marketplace-profiles). How easy was it to navigate through the information provided? Why or why not? Would you feel comfortable using...
How do we design a successive approximation register using a memristor?
In the accompanying figure, determine (a) The work done by the force F acting at an angle of = 20o in moving the block of mass 10 kg by a distance of 3 m if s = 0.5. (b) What is the sign of the work...
Give an example of transitory income. What effect does this income have on the marginal propensity to consume?
From the data in Table 5.6 about supply of alarm clocks, calculate the price elasticity of supply from: point J to point K, point L to point M, and point N to point P. Classify the elasticity at each...
From the data in Table 5.5 about demand for smart phones, calculate the price elasticity of demand from: point B to point C, point D to point E, and point G to point H. Classify the elasticity at...
The country of Pepper-land exports steel to the Land of Submarines. Information for the quantity demanded (Qd) and quantity supplied (Qs) in each country, in a world without trade, are given in Table...
(15 points) Stressed $2.500,000 of S% 20 year bands. These bonds were issued Jary 1, 2017 and pay interest annually on each January 1. The bonds yield 3% and was issued at $325 8S! Required (2)...
Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for...
1. A company issued 10%, 10-year bonds with a par value of $1,000,000 on January 1, at a selling price of $885,295 when the annual market interest rate was 12%. The company uses the effective...

Approximately what percentage of U.S. national income is paid to workers rather than to owners of capital

Question:

Step by Step Answer:

Principles Of Microeconomics

Students also viewed these Business questions