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Author Question: Which of the following is an example of an injection into the circular flow of income and ... (Read 37 times)

luvbio

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Which of the following is an example of an injection into the circular flow of income and expenditure?
 a. Consumption
 b. Exports
 c. Taxes
 d. Saving
 e. Government borrowing

Question 2

Given the same marginal revenue product (MRP) and supply curves, the equilibrium quantity of labor employed in a monopsonistic labor market will be:
 a. equal to that in a competitive labor market.
  b. less than that in a competitive labor market.
  c. greater than that in a competitive labor market.
  d. there is insufficient information for a conclusion.



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yeungji

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Answer to Question 1

b

Answer to Question 2

b




luvbio

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Reply 2 on: Jun 30, 2018
:D TYSM


strudel15

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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