Profits

question 35

Multiple Choice

Profits

• A) are the largest component of GDP.
• B) are a reward for the productivity of land.
• C) have no useful function in a capitalistic economy.
• D) primarily result from the exploitation of labor.
• E) vary greatly from year to year and behave more erratically than wages.

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Definitions:

Skills-Based Activities

Tasks or exercises designed to develop or enhance specific practical abilities or talents.

Critical Thinking

The active and skilled process of conceptualizing, applying, analyzing, synthesizing, and evaluating information to reach an answer or conclusion.

Cherished Beliefs

Deeply held convictions or values that are central to one's identity or perspective.

Reasons

Logic or explanations provided to justify or explain a belief, action, or conclusion, differing from the previous mention by focusing on the rationale itself.