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

Author Question: In the circular flow model, which of the following items is a real flow? A. The flow of ... (Read 149 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
on: Jun 29, 2018
In the circular flow model, which of the following items is a real flow?
 
  A. The flow of government expenditures to firms for the goods bought
  B. The flow of income from firms to households for the services of the factors of production hired
  C. The flow of U.S. borrowing from the rest of the world
  D. The flow of labor services from households to firms

Question 2

Define expected utility.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 29, 2018
Answer to Question 1

D Answer D is a real flow because it is a labor service.

Answer to Question 2

It represents the sum of the utilities coming from all possible outcomes of a deal, weighted by the probability of each occurring.


olgavictoria

  • Member
  • Posts: 528
Reply 2 on: Jun 29, 2018
:D TYSM

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Pressure-flow hypothesis for phloem transport Pressure-flow hypothesis for phloem transport
The Biopsychosocial Model The Biopsychosocial Model
The flow of ions through ion channels in myocardial cells. The flow of ions through ion channels in myocardial cells.
A Mental Model A Mental Model
The flow of ions through ions channel in myocardial cells The flow of ions through ions channel in myocardial cells
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Video: The Pressure Flow Model in a Plant

For a complete list of videos, visit our video library