In the circular flow model, how can households use their income? (Points : 1) ex

Question

In the circular flow model, how can households use their income? (Points : 1)        expenditures, investment, borrowing, and spending on imports
       borrowing, investment, taxes, and saving
       expenditures, saving, taxes, and spending on imports
       expenditures, taxes, investment, and borrowing
       taxes, investment, and hoarding

Question 2. 2. Economists use the phrase "business cycle" when discussing (Points : 1)        movements in interest rates.
       changes in economic productivity.
       fluctuations in employment.
       fluctuations in aggregate measures of economic output or income.
       fluctuations in the money supply.

Explanation / Answer

1. expenditures, saving, taxes, and spending on imports
2. fluctuations in aggregate measures of economic output or income
3. frictional unemployment
4. frictional unemployment
5. increase, the price level will increase, and the unemployment rate will decrease.
6. unemployment
7. relates real output to the price level
8. value of production of final output in one year after adjusting for changes in price during the same period.
9. lack of demand for output.
10. credit market.

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---