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

Author Question: The following table shows various elements in a country's circular flow of income (where government ... (Read 179 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: May 25, 2020
The following table shows various elements in a country's circular flow of income (where government expenditure and investment include only the amount spent in the domestic economy: i.e. excluding any imported component).

Flows in the economy (£m)
Saving 400
Consumption of domestic goods and service1650
Government expenditure1000
Income tax revenue850
Indirect tax revenue 575
Import expenditure 700
Export expenditure 850
Investment675
What will happen to national income?
◦ Stay the same
◦ Rise
◦ Fall
◦ It is impossible to say without further information.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bobbie on May 25, 2020

bassamabas

  • Sr. Member
  • ****
  • Posts: 294
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


bobbie

  • Member
  • Posts: 592
Reply 2 on: May 25, 2020
Excellent

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

The accessory organs of the digestive system: the liver, gallbladder, and pancreas. Image shows the The accessory organs of the digestive system: the liver, gallbladder, and pancreas. Image shows the
Blood Flow through the Heart Blood Flow through the Heart
The sensing wire in a typical hot wire mass air flow sensor. The sensing wire in a typical hot wire mass air flow sensor.
How the Return to Education Affects the Distribution of Income How the Return to Education Affects the Distribution of Income
Periodic table of the elements Periodic table of the elements
Animated The one-way flow of energy and cycling of materials in the world of life Animated The one-way flow of energy and cycling of materials in the world of life
Video: Energy inputs and release in glycolysis Animation

For a complete list of videos, visit our video library