Author Question: The circular flow shows that aggregate spending is larger than aggregate income because people save. ... (Read 168 times)

123654777

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The circular flow shows that aggregate spending is larger than aggregate income because people save.
 
  Indicate whether the statement is true or false

Question 2

The above table gives the demand schedule for Billy Bob's BBQ ribs. The demand for Billy Bob's ribs is unit elastic at which of the following prices?
 
  A) 10
  B) 7
  C) 5
  D) 1



kilada

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Answer to Question 1

FALSE

Answer to Question 2

C



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