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Emilio has a job, but not a very good one. He makes enough to live on but not much more. When he buys a product
Emilio has a job, but not a very good one. He makes enough to live on but not much more. When he buys a product at the store, the price he pays is higher than what it cost to make it, distribute it, and sell it. In other words, the store makes a profit on his purchases. The profit eventually goes to the company's shareholders, who are most pretty wealthy people. What does this reflect? a. This is an example of a recession. b. A free market system that ensures full employment. c. The upward transfer of wealth from the majority of people to the wealthiest members of society. d. Inflation
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