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Author Question: In the simple circular flow model of the economy, total expenditures on goods and services equal ... (Read 32 times)

jerry coleman

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on: Jun 30, 2018
In the simple circular flow model of the economy, total expenditures on goods and services equal total household income.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A change in foreign demand does not affect aggregate demand.
 a. True
  b. False
  Indicate whether the statement is true or false


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jgranad15

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

True

Answer to Question 2

False


jerry coleman

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  • Posts: 570
Reply 2 on: Jun 30, 2018
Excellent

apple

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  • Posts: 352
Reply 3 on: Yesterday
Great answer, keep it coming :)

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