Because of the circular flows of expenditure and income in the ...

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Because of the circular flows of expenditure and income in the economy, total ________ equals total ________ equals total ________.
 
  A) expenditure; investment; income
  B) expenditure; income; value of production
  C) consumption; expenditure; value of production
  D) investment; income; consumption
  E) consumption; investment; expenditure

Question 2

Your employer has asked you to start working overtime and has offered to pay 18 per hour for every hour you work beyond forty hours a week. The wage rate for each of the first forty hours will continue to be the usual 15 per hour.
 
  In terms of dollars, what is the marginal benefit of working each hour of overtime? A) zero
  B) 3.00
  C) 15.00
  D) 18.00

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Answer to Question 1

B

Answer to Question 2

D

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Thank you

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