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Author Question: Circular Flow DiagramAssume the economy of Kamistan only consists of households and firms and ... (Read 16 times)

lrhoads

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on: Nov 23, 2022
Circular Flow Diagram

Assume the economy of Kamistan only consists of households and firms and employs all the factors of production. The table lists the amounts spent on various goods and services in the markets of Kamistan.
Wages750,000 euros
Interest57,000 euros
Profit335,000 euros
Expenditures on goods and services1,500,000 euros

How much money is spent on rent?
◦ 2,642,000 euros
◦ 1,028,000 euros
◦ 472,000 euros
◦ 358,000 euros
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by lrhoads on Nov 23, 2022

furthoh

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Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lrhoads

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Reply 2 on: Nov 23, 2022
Excellent

ultraflyy23

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

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