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

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

Author Question: Taxes are injections into the circular flow of income and expenditure model. a. True b. False ... (Read 44 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

Need homework help now?

Ask unlimited questions for free

Ask a Question

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

« previous next »

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.