Multiple Choice
In the circular flow diagram, saving
A) is a leakage and investment is an injection.
B) and investment are both injections.
C) is an injection and investment is a leakage.
D) and investment are both leakages.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: Why do booms and recessions tend to
Q4: In a market economy, the decisions about
Q5: Keynes focused on problems of<br>A)hyperinflation.<br>B)budget deficits.<br>C)trade deficits.<br>D)unemployment
Q6: Coordination failures occur when<br>A)one party withholds valuable
Q7: Assume that the MPC is 0.75, and
Q9: Figure 9-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 9-3
Q10: Injections to the circular flow model include
Q11: Table 9-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Table 9-1
Q12: In a capitalist market economy, the decision
Q13: In a simple macroeconomic model, only one