Author Question: In the circular flow diagram, aggregate expenditure includes the sum of A) saving and investment. ... (Read 106 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
In the circular flow diagram, aggregate expenditure includes the sum of
 
  A) saving and investment.
  B) consumption and investment.
  C) consumption, investment, and saving.
  D) income and saving.

Question 2

In the circular flow model of an economy, households
 
  A) receive income from buyers of goods and services.
  B) receive income from the sale of factors in the goods markets.
  C) pay firms for the use of their factors.
  D) receive income from producers for the use of factors in the factor markets.



shailee

  • Sr. Member
  • ****
  • Posts: 392
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library