This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The following table shows various elements in a country's circular flow of income (where government ... (Read 102 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: May 25, 2020
The following table shows various elements in a country's circular flow of income (where government expenditure and investment include only the amount spent in the domestic economy: i.e. excluding any imported component).

Flows in the economy (£m)
Saving 400
Consumption of domestic goods and service1650
Government expenditure1000
Income tax revenue850
Indirect tax revenue 575
Import expenditure 700
Export expenditure 850
Investment675
What will happen to national income?
◦ Stay the same
◦ Rise
◦ Fall
◦ It is impossible to say without further information.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bobbie on May 25, 2020

bassamabas

  • Sr. Member
  • ****
  • Posts: 294
Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


bobbie

  • Member
  • Posts: 592
Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Simple transposable elements and their mechanism of transposition Simple transposable elements and their mechanism of transposition
Vessels composed of vessel elements in xylem tissue. Vessels composed of vessel elements in xylem tissue.
Frank Lloyd Wright, Table lamp, executed for the Linden Glass Co. for the Susan Lawrence Dana ... Frank Lloyd Wright, Table lamp, executed for the Linden Glass Co. for the Susan Lawrence Dana ...
Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ... Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...
Seven bacteriophage deletion mutations (1 to 7 in the table below) are tested for their ability ... Seven bacteriophage deletion mutations (1 to 7 in the table below) are tested for their ability ...
Video: Adolescent Diabetes

For a complete list of videos, visit our video library