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Author Question: In the simple circular flow model of the economy, total expenditures on goods and services equal ... (Read 19 times)

jerry coleman

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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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Answer to Question 1

True

Answer to Question 2

False




jerry coleman

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


raenoj

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  • Posts: 340
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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