Circular flow of income Samenvattingen, Aantekeningen en Examens

In terms of the circular flow diagram, households make expenditures in the _____ market and receive income through the _____ market. - ANSWER product; resource Which of the following is a positive statement? - ANSWER The temperature is 92 degrees today. Refer to the diagram. Flow 1 represents - ANSWER wage, rent, interest, and profit income.D The two basic markets shown by the simple circular flow model are - ANSWER product and resource. The four factors of production are - ANSWER land, la...

Question 1 In the goods market of the circular flow model, …. 1) firms buy factors of production from consumers 2) firms buy finished products from households 3) consumers buy factors of production from firms 4) firms sell factors of production to the government 5) consumers buy finished products from firms The correct alternative is [5]. Explanation In the goods market of the circular flow model, consumers receive income in the form of salaries and wages, interest, rent and profit ...

The correct alternative is [5]. Explanation: In the goods market of the circular flow model, consumers receive income in the form of salaries and wages, interest, rent and profit and use this income to purchase finished consumer goods and services. Question 2 The correct alternative is [4]. Explanation A factor market is a market where factors of production such as labour, land and capital are traded. Therefore, in this case only the sale of land (i.e. farmland) will occur in a factor ma...

Which of the following changes results from a decrease in an economy's disposable income? A rightward shift of the consumption function An upward movement along the consumption function A leftward shift of the consumption function A downward movement along the consumption function correct answers A downward movement along the consumption function Which of the following is considered a leakage in the circular flow model? Business spending Total exports Investment spending Househol...

Question 1 Not yet answered Marked out of 1.00 Flag question Question text Which one of the following is the main objective of macroeconomic policy? a. Unemployment b. Equitable distribution of income c. Price instability d. Sluggish economic growth Question 2 Not yet answered Marked out of 1.00 Flag question Question text Which of the following statements is/are correct in explaining the difference between production and income? a) Income is the remuneration th...

Wall Street Prep Exam:Transaction Comps Modeling Wall Street Prep Exam Questions and Answers | 100% Correct. Company X's current assets increased by $40 million from while the companies current liabilities increased by $25 million over the same period. the cash impact of the change in working capital was a decrease of 15 million 4. the final component of an earnings projection model is calculating interest expense. the calculation may create a circular reference because interest expense...

UTK: BUAD 331 Exam 1 Complete (answers updated fall 2022/23.) ____________ the chain facilitates better strategic alignment between supply chain operations. A. Breaking B. Sharing C. Bending D. Spreading A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. What is one initiative that could be planned and implemented to achieve this goal? A.Increase sales calls to all existing customers. B.Increase capacity utilization to gain economies of ...

AP Microeconomics/Macroeconomics Premium, 2025: Prep Book with 4 Practice Tests + Comprehensive Review + Online Practice (Barron's AP Prep) Premium Edition Table of Contents How to Use This Book INTRODUCTION 1 The AP Tests in Microeconomics and Macroeconomics Introduction Microeconomics, Macroeconomics, or Both? The Tests: What Topics Will You See? Multiple-Choice Questions Free-Response Questions Practice, Practice, Practice Microeconomics Pretest Pretest AP Score Estimate Answe...

Wall Street Prep Exam Questions With Correct Answers Latest Update 2024/2025 (GRADED 100%) what is false about depreciation and amortization D&A may be classified within interest expense Company X's current assets increased by $40 million from while the companies current liabilities increased by $25 million over the same period. the cash impact of the change in working capital was a decrease of 15 million the final component of an earnings projection model is calculating interest expense....

GDP is officially measured by adding together the... correct answers ...market value of all final goods and services produced within the borders of a nation Which of the following items is included in the calculation of GDP? correct answers None (not purchase of apple stock, purchase of used car, value of homemakers services, or sale of gulf war military surplus) Which of the following expenditures would not be included in GDP? correct answers Purchase of silver cup previously sold new in...