This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: One of the major points of the circular flow diagram is: a. If GDP rises due to increased ... (Read 48 times)

saraeharris

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
One of the major points of the circular flow diagram is:
 a. If GDP rises due to increased production, incomes earned from producing GDP must rise.
  b. Increasing gross private domestic investment is the best way for a nation to grow.
  c. Increasing government spending is the best way for a nation to grow.
  d. The top and bottom flows are proof that most economies should always be in equilibrium.
  e. None of the above.

Question 2

Which of the following is not included in a nation's balance of payments?
 a. Imports and exports of services.
  b. International interest and dividend earnings.
  c. International gifts.
  d. International loans.
  e. All of the above are included in the balance of payments.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

.A

Answer to Question 2

.E


saraeharris

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Compression Wave in Traffic Flow Compression Wave in Traffic Flow
Schematic Diagram of Agitation Apparatus and other equipment (CHE415 Unit Operations) Schematic Diagram of Agitation Apparatus and other equipment (CHE415 Unit Operations)
Venn Diagram of Nervous System and Endocrine System Venn Diagram of Nervous System and Endocrine System
Flow Patterns and Large-Scale Weather Flow Patterns and Large-Scale Weather
diagram of a plant diagram of a plant
Two major types of nerve circuits in the brain Two major types of nerve circuits in the brain
Video: Egg and Sperm Formations in Animals Animation

For a complete list of videos, visit our video library