Which of the following would be an example of a consumption expenditure?
A) the purchase of a new car by the IPSCO steel company
B) an increase in welfare payments to single mothers
C) the purchase of a new car by the Singh household
D) more spending by the government on children's programs
E) spending on protection services for the prime minister
Correct Answer:
Verified
Q1: Which one of the following is an
Q3: Which one of the following is false?
A)Y
Q4: SaskWidget produces plastic parts.At the beginning of
Q5: For the aggregate economy, income equals
A)expenditure equals
Q6: Which one of the following is true?
A)Y
Q7: The purchasers in the goods markets are
A)households
Q8: In the circular flow model,
A)firms are sellers
Q9: In calculating GDP, economists use the value
Q10: Suppose the economy's capital increases over the
Q11: The change in capital from year to
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