In the circular flow of income, factor services are:
A) Wages
B) Rental income from land and capital goods
C) Profit
D) Wages, rental income from land and capital goods or profit
Correct Answer:
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Q5: If planned injections are greater than planned
Q6: Which of the following is a reflationary
Q7: For an economy to be in equilibrium:
A)
Q8: If demand in the economy is too
Q9: Aggregate demand = C+ I + G
Q10: If aggregate demand is lower than the
Q12: The circular flow of income model shows
Q13: Injections into the economy represent:
A) Spending on
Q14: Investment spending does not include expenditure on:
A)
Q15: Injections are assumed to be _ to
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