The condition in circular-flow models whereby firms purchase all the goods not purchased by households is that
A) inventory investment is zero.
B) saving is zero.
C) fixed investment is zero.
D) consumption equals investment.
E) investment equals saving.
Correct Answer:
Verified
Q11: Which of the following is NOT a
Q12: When the dollar strengthens,
A)exports will increase and
Q13: Figure 2-2 Q14: The circular flow of income describes the Q15: From the last five recessions,the mildest two Q17: "Net exports" is defined as Q18: In the simple circular flow model containing Q19: With positive net exports,a nation is a Q20: Changes in business inventories Q21: A family purchases a package of sandwich
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A)flow
A)GDP minus imports.
B)exports
A)are included in gross
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