Author Question: The income that people earn in resource or factor markets is called: a. national income. b. ... (Read 106 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
The income that people earn in resource or factor markets is called:
 a. national income.
  b. personal income.
  c. disposable personal income.
  d. transfer payments.
  e. net national product.

Question 2

The net exports effect is the inverse relationship between net exports and the ____ of an economy.
 a. potential real GDP
  b. chain-price deflator
  c. price level
  d. consumption spending



vkodali

  • Sr. Member
  • ****
  • Posts: 357
Answer to Question 1

a

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

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?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library