Author Question: In the simple circular flow model of the economy, total expenditures on goods and services equal ... (Read 22 times)

jerry coleman · **on:** Jun 30, 2018

In the simple circular flow model of the economy, total expenditures on goods and services equal total household income.
a. True
b. False
Indicate whether the statement is true or false

Question 2

A change in foreign demand does not affect aggregate demand.
a. True
b. False
Indicate whether the statement is true or false