Use the following to answer questions:
-(Figure 7-2: Expanded Circular-Flow Model) Use Figure 7-2: Expanded Circular-Flow Model How much is total government spending?
A) $20
B) $220
C) $370
D) $200

Question

Use the following to answer questions: 
-(Figure 7-2: Expanded Circular-Flow Model) Use Figure 7-2: Expanded Circular-Flow Model How much is total government spending?
A) $20 
B) $220 
C) $370 
D) $200

Quizplus · Accepted Answer

Total government spending in an expanded circular-flow model includes all the expenditures made by the government. This typically includes spending on goods and services, transfer payments, and any other forms of spending directed towards households and firms. Without seeing Figure 7-2, the correct answer cannot be determined directly from the question. However, based on the options provided and assuming choice B is marked as correct, it suggests that within the context of the figure or the information provided in the question, total government spending is calculated or indicated as $220.

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