Use the following to answer questions:
Figure: Expanded Circular-Flow Model
-(Figure: Expanded Circular-Flow Model) Look at the figure Expanded Circular-Flow Model. How does the government finance its spending?
A) taxes of $150 plus borrowing of $70
B) foreign borrowing and sales of stock of $110
C) investment spending of $120
D) net exports of $80
Correct Answer:
Verified
Q46: Disposable income in a particular period is:
A)
Q48: Purchases of foreign-produced goods and services are:
A)
Q50: Domestically produced goods and services sold to
Q56: In the circular-flow model, households:
A) receive transfer
Q57: The money spent on domestically produced final
Q63: Inventory is counted as investment because:
A)it is
Q64: Use the following to answer questions:
Figure: Expanded
Q65: Use the following to answer questions:
Figure: Expanded
Q71: A laptop computer purchased by a private
Q79: Goods that are produced in a particular
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