This topic contains a solution. Click here to go to the answer

Author Question: For the economy as a whole: a. income must equal expenditures. b. expenditures exceed income ... (Read 170 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535
For the economy as a whole:
 a. income must equal expenditures.
 b. expenditures exceed income because of taxes.
 c. income exceeds expenditures because of saving.
 d. expenditures exceed income because of the government budget deficit.

Question 2

As capacity utilization in an economy rises:
 a. firms sell their fixed assets to remain solvent.
  b. the gap between the potential output and actual output widens.
  c. firms reduce their demand for labor.
  d. employment of inputs by firms declines.
  e. firms add more factories and machines and increase output.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kiamars2010

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

a

Answer to Question 2

e




fagboi

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Gracias!


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

 

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

For a complete list of videos, visit our video library