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Author Question: The income that people earn in resource or factor markets is called: a. national income. b. ... (Read 54 times)

jwb375

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  • Posts: 540
on: Jun 30, 2018
The income that people earn in resource or factor markets is called:
 a. national income.
  b. personal income.
  c. disposable personal income.
  d. transfer payments.
  e. net national product.

Question 2

The net exports effect is the inverse relationship between net exports and the ____ of an economy.
 a. potential real GDP
  b. chain-price deflator
  c. price level
  d. consumption spending


vkodali

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  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


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