« previous next »

Author Question: The circular flow shows that aggregate spending is larger than aggregate income because people save. ... (Read 172 times)

123654777

  • Hero Member
  • *****
  • Posts: 585
on: Jun 29, 2018
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

  • Sr. Member
  • ****
  • Posts: 311
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Past and Future Use of Aggregate Past and Future Use of Aggregate
The social movement that centers on the environment has become global. In all nations, people are ... The social movement that centers on the environment has become global. In all nations, people are ...
Circular movement of ice over lateral area just distal to the elbow. Use medium pressure to apply ... Circular movement of ice over lateral area just distal to the elbow. Use medium pressure to apply ...
Apply circular fingertip friction on back, moving along spinal muscles from hip to shoulder and over ... Apply circular fingertip friction on back, moving along spinal muscles from hip to shoulder and over ...
How Health Interacts with Income How Health Interacts with Income
This table shows the growth of a crowd at a rally over a 3 h period. This table shows the growth of a crowd at a rally over a 3 h period.
Video: Complement Proteins Animation

For a complete list of videos, visit our video library