The circular flow of income model shows that

Assignment Help Business Economics
Reference no: EM13996859

The circular flow of income model shows that

a)payments for resources and payments for goods and services flow in the same direction b)consumers supply resources and demand products c)producers demand products and supply resources d)revenue flows to households when they buy goods and services e)businesses are only demanders and households are only suppliers

Reference no: EM13996859

Questions Cloud

The term consumer sovereignty refers : The term consumer sovereignty refers to...
Assuming a steady state of production : A tailor must make 8 of the same size suits for a client. The first suit took 13.1 hours to make and the last suit took 8.2 hours to make. What was the tailor's learning curve % of this run of suits assuming a steady state of production is never reac..
Furniture maker estimates his learning curve : A furniture maker has an order for 98 identical tables. If the furniture maker estimates his learning curve at 82% and can reach steady production of 7 hours per table on the 6th table, how long should it take to make all the tables? Express your ans..
Power-sizing exponent and cost index increased : A 4,000 gallon storage tank was purchased for $240,000 12 years ago. How much would a 12,000 gallon storage tank cost today if the power-sizing exponent were 0.73 and the cost index increased from 150 to 250 over the last 12 years. Express your answe..
The circular flow of income model shows that : The circular flow of income model shows that
About half of the paid lobbyists : About half of the paid lobbyists in Washington are former government staff members or former members of Congress. Why would interest groups employ such people? Why might some reformers want to limit the ability of interest groups to employ them?
Which one is considered unemployed : Which one is considered unemployed?
Demand for good is measure of the relationship between : Demand for a good is a measure of the relationship between
Co-payments-deductibles and services covered : Which type of health insurance plan would you choose the PPO plan or the HMO plan? Why would you make this choice? What things are important to you when selecting a health insurance plan (i.e. monthly payroll deduction, co-payments, deductibles, serv..

Reviews

Write a Review

Business Economics Questions & Answers

  Utility rate analyst at the local electricity utility

Laura has an undergraduate degree in economics and has been working as a utility rate analyst at the local electricity utility. If she continues on her present career path, the present value of her lifetime earnings is $250,000. Calculate the discoun..

  Population growth surges rapidly

Population growth surges rapidly. Farmers are deciding what crop to plant and learn that the price of corn has fallen relative to the price of cotton.

  With economic development comes

With economic development comes each of the following, except;

  Impact on the market for new cars

A tsunami in Japan disrupts the production of Japanese-made cars. What is the impact on the market for new cars.

  Economic rent represents

Economic rent represents

  Researchers have found hybrid of corn-technological break

Researchers have found a hybrid of corn that is cheaper to grow. This technological break through

  Combination of monetary and fiscal policy

If policymakers want to reach full employment while maintaining balanced trade, what combination of monetary and fiscal policy should they use.

  Assume we have hecksher-ohlin model

Assume we have a Hecksher-Ohlin model. There are two countries (US, Mexico) producing two goods (Ipads (I), Jeans (J)). Assume I is relatively capital intensive in production and the Mexico is relatively capital abundant (it’s possible). Answer all o..

  The opportunity costs for both countries are the same

Two countries will have zero incentive to trade if their production possibilities curves are parallel straight lines because One country has a comparative advantage in the production of both goods, thus providing that country with no incentive for tr..

  Find the present worth-cash ?ow series listed

Find the present worth at i = 20% per year for the cash ?ow series listed. (CF0 :$ 0 ,CF1: $ 0 ,CF2: $ -200 ,CF3: $-200 ,CF4: $ -200 ,CF5: $ 0 ,CF6: $ -89 ,CF7: $-89 ,CF8: $ -89 ). Which one is the correct answer?

  Liabilities plus coins issued-treasury make up monetary base

The? Fed's liabilities plus coins issued by the Treasury make up the monetary base. ?Coins, which are issued by the Treasury are an asset of the Fed and a component of the monetary base. The monetary base is the sum of Federal Reserve? notes, coins, ..

  Rapid rates of economic growth are not desirable

More people in high-income countries than in low-income countries tend to believe that rapid rates of economic growth are not desirable. Which of the following best explains what is actually happening to real per capita GDPs of countries?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd