Multiple Choice
The circular flow of money refers to
A) money moving from households to businesses and from businesses to households.
B) money moving from government to households and from households to government.
C) money moving from businesses to government and from government to businesses.
D) money moving from one household to another.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Unused savings, as defined in this chapter,
Q13: The wealthy tend to have<br>A) higher average
Q14: Keynes stressed the importance of effective demand,
Q15: Leakages from the circular flow include<br>A) savings,
Q16: All of the following individual investments are
Q17: Progressive economists argue that recessions and depressions
Q18: All of the following are examples of
Q20: According to Keynesian economists, the problem in
Q21: The name of John Maynard Keynes' most
Q22: At very low levels of income, consumer