Describe the Functional distribution of income
Describe the Functional distribution of income?
Expert
1. Wages and salaries are 70 percent of total.
2. Income of Proprietor is under 10 percent of total that the income to self employed business owners, doctors, lawyers, etc. This is a combination of wage and profit income.
3. Less than one-fifth of total of Corporation profits, Capitalist income, interest, rent. (Note: rent may be negative because of the depreciation charged against rental income.)
Use the circular flow model to confirm this assertion for a 2% reduction in the Federal corporate income tax.
Define the following terms?
An employer that exaggerates the safety of a position or the prospects for advancement to job applicants makes inefficiencies as well as arguable inequities due to: (1) signaling. (2) credentialism. (3) screening. (4) adverse selection. (5) a moral hazard.
How do you account for the dominant role of corporations in the U.S. economy?
If banana divides are $2, CD disks are $10, and SCUBA vacations are $360, then what is the relative cost of a SCUBA vacation in phrases of a CD disk: (i) 36 disks. (ii) 360 disks. (iii) 180 disks. (iv) 20 disks. (v) 3,600 disks. Q : Illustrate Scarcity and choice of Illustrate Scarcity and choice of Economic Perspective?
Illustrate Scarcity and choice of Economic Perspective?
Computing the cost of college education like the cost of books, tuition and materials, room as well as board, and spending money: (i) overstates the economic cost of a college education. (ii) accurately measures the economic cost of a college educatio
Explain: “Affluence tomorrow requires sacrifice today.”
What does high or low operating leverage specify?
Briefly explain how the competitive market economy will make the needed adjustments to reestablish an efficient allocation of society’s scarce resources?
18,76,764
1948818 Asked
3,689
Active Tutors
1426356
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!