[Answered] Taxes are injections into the circular flow of income and expenditure model. a. True b. False ...

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Author Question: Taxes are injections into the circular flow of income and expenditure model. a. True b. False ... (Read 45 times)

Deast7027

Hero Member
Posts: 538

on: Jun 30, 2018

Taxes are injections into the circular flow of income and expenditure model.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If a monopsonist's labor supply curve is positively sloped, the marginal factor cost (MFC) will be below the wage rate.
a. True
b. False
Indicate whether the statement is true or false

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Marked as best answer by a Subject Expert

bhavsar

Sr. Member
Posts: 351

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

False

Deast7027

Hero Member
Posts: 538

Reply #2 on: Jun 30, 2018

Thank you

bhavsar

Sr. Member
Posts: 351

Reply #3 on: Jun 30, 2018

Happy to help you

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