Business
Business, 24.09.2020 01:01, savannahvargas512

Suppose that businesses buy a total of $100 billion of the four resources (labor, land, capital, and entrepreneurial ability) from households. If households receive $60 billion in wages, $10 billion in rent, and $20 billion in interest, how much are households paid for providing entrepreneurial ability? B. If household spend $55 billions on goods and $45 billion on services, how much in revenues on business receive in product market?

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Suppose that businesses buy a total of $100 billion of the four resources (labor, land, capital, and...

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