Question
1.The neoclassical theory of distribution says that: a.Each factor input is paid its marginal product b. Capital should have a larger share of national income
1.The neoclassical theory of distribution says that:
a.Each factor input is paid its marginal product
b. Capital should have a larger share of national income than labor
c.The labor stock should rise more slowly than capital stocks
d. Income inequality should be welcomed in a free society
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Microeconomics Theory And Applications With Calculus
Authors: Jeffrey M. Perloff
4th Edition
134167384, 134167381, 978-0134167381
