Microeconomics

In the circular flow model, the expenditures on goods and services flow in the

Started by silviawilliams41

An example of a U.S. export is

Started by arivle123

Households and firms in the U.S. economy interact with those in the rest of the world in the ...

Started by HCHenry

The largest category of state and local government expenditures is

Started by faduma

If there is a national debt, we can conclude that the federal government has

Started by tuffie

The total amount the federal government has borrowed to make expenditures that exceed tax revenue is called

Started by HudsonKB16

Which of the following is NOT shown explicitly in the circular flow model?

Started by K@

Aaron locked himself out of his house and had to pay $40 to Brianna, who works for Lucky Locksmith, ...

Started by lbcchick

Terri is enrolled in her first economics course. She is required to give a presentation about the ...

Started by imowrer

Which of the following transactions takes place in factor markets?

Started by jessicacav

In the circular flow model, the factor markets are the markets in which

Started by Mimi

As the circular flow model points out, a choice that households make is how

Started by Alainaaa8

The circular flow model shows that goods and services flow from

Started by CharlieWard

In the circular flow model, consumption goods are bought and sold in the

Started by leilurhhh

What two groups of decision makers are represented in the basic circular flow model?

Started by armygirl

________ the owners of the factors of production, while ________ what amounts of those factors to hire.

Started by silviawilliams41

In the advanced economies, ________ of the factories use advanced capital equipment, and in the ...

Started by haleyc112

Compared to the developing economies, the advanced economies have ________ human capital and ...

Started by TFauchery

As a percentage of total world production, production in the 29 advanced economies is about ________ ...

Started by mynx

Which of following groups of countries are all advanced economies?

Started by Cooldude101

Which of the following correctly describes how the "global pie is baked"?

Started by bucstennis@aim.com

Which of the following is true? i. The advanced economies account for more than half of global ...

Started by s.tung

In economics, the factor of production "land" includes all of the following EXCEPT

Started by CharlieWard

The majority of the income earned in the United States is paid in

Started by rl

Which factor of production is paid "profit"?

Started by genevieve1028