Author Question: The income that people earn in resource or factor markets is called: a. national income. b. ... (Read 137 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?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

For a complete list of videos, visit our video library