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

Author Question: In a simple circular flow model, a. households are suppliers of resources. b. households are ... (Read 83 times)

serike

  • Hero Member
  • *****
  • Posts: 542
on: Jun 30, 2018
In a simple circular flow model,
 a. households are suppliers of resources.
 b. households are demanders of final products.
  c. firms are demanders of resources.
 d. all of the above are true.

Question 2

A disaster that destroys a large part of current agricultural output will not change LRAS, while a disaster that destroys the capital stock in a major city will reduce LRAS.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

CAPTAINAMERICA

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


serike

  • Member
  • Posts: 542
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

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?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Binding change model for ATP synthase Binding change model for ATP synthase
Model of how direct repeats generated during the insertion of a transposon or an insertion sequence Model of how direct repeats generated during the insertion of a transposon or an insertion sequence
Model of GABA - receptor chloride channel Model of GABA - receptor chloride channel
Simple Decorating Techniques: Side masking Simple Decorating Techniques: Side masking
Formation and Flow of Lymph Formation and Flow of Lymph
A three-gene additive model for wheat kernel color A three-gene additive model for wheat kernel color
Video: How does an animal choose what food to eat?

For a complete list of videos, visit our video library