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Author Question: Because of the circular flows of expenditure and income in the economy, total ________ equals total ... (Read 231 times)

debasdf

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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


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adf223

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


debasdf

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Reply #2 on: Jun 29, 2018
Thank you


adf223

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Reply #3 on: Jun 29, 2018
No problemo


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