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

Author Question: Because of the circular flows of expenditure and income in the economy, total ________ equals total ... (Read 230 times)

debasdf

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
Because of the circular flows of expenditure and income in the economy, total ________ equals total ________ equals total ________.
 
  A) expenditure; investment; income
  B) expenditure; income; value of production
  C) consumption; expenditure; value of production
  D) investment; income; consumption
  E) consumption; investment; expenditure

Question 2

Your employer has asked you to start working overtime and has offered to pay 18 per hour for every hour you work beyond forty hours a week. The wage rate for each of the first forty hours will continue to be the usual 15 per hour.
 
  In terms of dollars, what is the marginal benefit of working each hour of overtime? A) zero
  B) 3.00
  C) 15.00
  D) 18.00


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

adf223

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


debasdf

  • Hero Member
  • *****
  • Posts: 570
Reply #2 on: Jun 29, 2018
Thank you


adf223

  • Sr. Member
  • ****
  • Posts: 304
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
Circular friction with knuckles to various spots on the foot bottom. Concentrate on places with ... Circular friction with knuckles to various spots on the foot bottom. Concentrate on places with ...
Relationship between Income Inequality and Sociopolitical Instability Relationship between Income Inequality and Sociopolitical Instability
The Parade of World Income The Parade of World Income
Pyroclastic Flows Pyroclastic Flows
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Video: Arthroscopy

For a complete list of videos, visit our video library