Multiple Choice
What is the definition of the term, "labor share"?
A) The share of labor costs in a firm's total costs.
B) The share of labor income in national income.
C) The share of federal taxes paid by employees rather than by capitalists.
D) The share in total business revenues that employees receive.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: What agency tracks aggregate activity in the
Q3: Which of the following would be classified
Q4: National or aggregate income includes<br>A) profits, rent,
Q5: A corporation is defined as<br>A) a business
Q6: Holding everything else constant, if exports are
Q7: What is replacement investment?<br>A) Investment in additional
Q8: Assume that gross investment is $1.6 trillion
Q9: What is included in employee compensation?<br>A) Wages,
Q10: Gross Domestic Product consists of spending on<br>A)
Q11: A "progressive" tax is<br>A) one that is