Multiple Choice
An addition of spending to the circular flow of income is
A) An injection.
B) A leakage.
C) A surplus.
D) Household taxes.
Correct Answer:
Verified
Correct Answer:
Verified
Q19: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" Suppose that as
Q20: Income not spent directly on domestic output
Q21: Which of the following is considered a
Q22: If injections exceed leakages,<br>A)Unemployment will rise.<br>B)Prices will
Q23: Demand-pull inflation can develop when<br>A)There is a
Q25: Desired investment equals<br>A)Desired changes in business inventories.<br>B)Purchases
Q26: When investment increases,there is usually no impact
Q27: Assume there is no foreign trade,the government
Q28: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" Refer to Figure
Q29: At the full-employment level of GDP,the total