191)
What is the difference between the functional and the personal distribution
of income?
191)
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192)
What are the two largest sources of tax revenues for the U.S. federal
government?
192)
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193) In the United States, which factor of production
earns the largest share of the nation’s total
193)
income?
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:
194) Identify the four factors of
production, and tell what type of income is earned by each
194)
factor.
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195)
Explain the differences between “human
capital,” “financial capital,” and “capital.”
195)
196)
Explain how public goods provided
by the federal government differ from public goods
196)
provided by the state and local
governments.
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63
197) How many and what fraction of the world’s people
live in advanced economies? In
197)
emerging market and developing
economies?
198)
Discuss the differences between developing and emerging market economies.
198)
199) What are the payments each
factor of production receives?
199)
200) The International Monetary
Fund divides nations into three groups. What are the three
200)
groups and what are the
characteristics of each group?
201)
In the United States, how does the income received by the richest 20 percent
of individuals
201)
compare with the income received by
the other 80 percent?
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: