Describe the Functional distribution of income
Describe the Functional distribution of income?
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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.)
Explain how the Circular Flow Model for a Market-Oriented System?
Give a brief introduction of the term Cost of preference shares?
Describe what do you mean by European Union (EU)?
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When given resources can now produce additional goods than was previously probable, then there have been a: (1) Stock market boom. (2) Competitive spurt which shrinks entrepreneurial gain. (3) Concavity reversal in the production possibilities frontier. (4) Bigger rel
How does society decide its optimal point on the production possibilities curve?
Which of the given describes a situation in which each good or service is produced up to the point where the last unit gives a marginal benefit to consumers equivalent to the marginal cost of producing this? w) productive efficiency.
Illustrate Rational Behaviour of Economic Perspective?
In heterodox economics, what implications does technical change and vintage technology contain for the cost structure of the business enterprise?
What was rightward shift of PPC point out? Answer: It points out growth of the resources.
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