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Author Question: Which of the following is an example of an injection into the circular flow of income and ... (Read 30 times)

luvbio

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on: Jun 30, 2018
Which of the following is an example of an injection into the circular flow of income and expenditure?
 a. Consumption
 b. Exports
 c. Taxes
 d. Saving
 e. Government borrowing

Question 2

Given the same marginal revenue product (MRP) and supply curves, the equilibrium quantity of labor employed in a monopsonistic labor market will be:
 a. equal to that in a competitive labor market.
  b. less than that in a competitive labor market.
  c. greater than that in a competitive labor market.
  d. there is insufficient information for a conclusion.


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yeungji

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

b


luvbio

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

bblaney

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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