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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 21 times)

Evvie72

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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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Answer to Question 1

b

Answer to Question 2

b




Evvie72

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


patma1981

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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