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Author Question: Which of the following is an example of a leakage from the circular flow of income and expenditure? ... (Read 71 times)

Evvie72

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on: Jun 30, 2018
Which of the following is an example of a leakage from the circular flow of income and expenditure?
 a. Government purchases of goods and services
  b. Taxes
 c. Investment
 d. Exports
 e. Consumption expenditures

Question 2

Which of the following type of firm is not a price taker in the market in which the firm buys its inputs?
 a. Perfect competition.
  b. Monopsony.
  c. Oligopoly.
  d. Monopoly.


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zoeyesther

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

b

Answer to Question 2

b


Evvie72

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

xiaomengxian

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Reply 3 on: Yesterday
Excellent

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