In the circular flow model, explain the real flow and/or the money flow in which each item
Question:
In the circular flow model, explain the real flow and/or the money flow in which each item below belongs. Illustrate your answers on a circular flow diagram.
- You buy a coffee at Starbucks.
- The government buys some Dell computers.
- A student works at a FedEx office.
- Donald Trump rents a Manhattan building to a hotel.
- You pay your income tax.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
You buy a coffee at Starbucks In Figure 21 the dark arrows represent money flows and the grey arrows ...View the full answer
Answered By
Sidharth Jain
My name is Sidharth. I completed engineering from National Institute of Technology Durgapur which is one of the top college in India. I am currently working as an Maths Faculty in one of the biggest IITJEE institute in India. Due to my passion in teaching and Maths, I came to this field. I've been teaching for almost 3 years.
Apart from it I also worked as an Expert Answerer on Chegg.com. I have many clients from USA to whom I teach online and help them in their assignments. I worked on many online classes on mymathlab and webassign. I guarantee for grade 'A'.
4.90+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Identify where each of the following belongs (upper or lower half, flowing in which direction) in the circular flow model in Exhibit 1: your decision to work for General Motors. General Motors paying...
-
Read Eye on the Dream liner and then answer the following questions: How many firms are involved in the production of the Dream liner and how many are identified in the figure ? Is the Dream liner a...
-
In the circular flow model, which of the following items is a real flow? A. The flow of government expenditures to firms for the goods bought B. The flow of income from firms to households for the...
-
A survey of recent masters of business administration (MBAs) reveals that their starting salaries follow a normal distribution with mean $48,000 and standard deviation $9,000. Find the probability...
-
A cylindrical component 50 mm long constructed from an S-590 alloy (Figure 8.32) is to be exposed to a tensile load of 70,000 N. What minimum diameter is required for it to experience an elongation...
-
When possible, compute the truth values of the simple components in the following compound propositions. If no truth value can be computed, write a question mark (?) under the letter or letters with...
-
5. Use the R&D capitalization table developed in Question 4 to modify NOPLAT and invested capital from Question 3. What is the ROIC on yearend capital by year? How does this compare with the ROIC...
-
During 2012, Doxey Corporation had the following transactions and related events: Jan. 15 Issued 6,500 shares of common stock at par ($16 per share), bringing the total number of shares outstanding...
-
Which of the following is an example of paralanguage behavior? a. raising volume when speaking b. pausing between words to emphasize certain words c. lowering pitch d. lowering volume when speaking...
-
Use Dijkstra's algorithm (Table 20.2) to find the shortest path tree and the forwarding table for node A in the Figure 20.35. Table 20.2 4. 4. 3. 3.
-
What is Toms opportunity cost of producing a racket? What is Abbys opportunity cost of a racket? Who has a comparative advantage in producing rackets? Who has a comparative advantage in producing...
-
Which of the entries in the list are capital goods? Explain your choice. List An interstate highway An airplane A school teacher A stealth bomber A garbage truck A pack of bubble gum President...
-
What advice might you give to a manager who has little experience working with people in other countries? LO5
-
Companies that invest heavily in eco-friendly initiatives, such as transitioning to renewable energy sources or implementing carbon offset programs, may initially face increased operational costs....
-
Answer each question individually please. 14-13 What are the advantages and drawbacks of universities using social media to communicate with various stakeholdersstudents, potential students, alumni,...
-
act as a consultant hired by the operations director of the Barry Computer Company provide a financial analysis and comparison to the industry. You will conduct a financial ratio analysis to gain a...
-
Building a sense of community is not just a moral thing to do, but also a pragmatic one. In today's competitive and ever-evolving business environment, the organizations that can attract the most...
-
Watch https://youtu.be/U3MtvvNjUR4 What do you think of Dr. Saint's ideas about barriers to change? What do you think about social learning? Could this tool be used to make real change? How can the...
-
Review the annotations at 51 A.L.R.4th 446. a. What is the title? b. Which section of the annotation discusses the view of imposing liability without proof of the owners knowledge of a dogs...
-
(a) Prove that form an orthonormal basis for R3 for the usual dot product. (b) Find the coordinates of v = (1, 1, 1)T relative to this basis. (c) Verify formula (5.5) in this particular case. 48-65...
-
What is the quantity of pesticide produced if no one owns the lake and what is the efficient quantity of pesticide? When factories produce pesticide, they also create waste, which they dump into a...
-
If the residents of the town own the lake, what is the quantity of pesticide produced and how much do residents of the town charge the factories to dump waste? When factories produce pesticide, they...
-
If the pesticide factories own the lake, how much pesticide is produced? When factories produce pesticide, they also create waste, which they dump into a lake on the outskirts of the town. The...
-
Domino is 4 0 years old and is married out of community of property with the exclusion of the accrual system to Dolly ( 3 5 ) . They have one child, Domonique, who is 1 1 years old. Domino resigned...
-
YOU ARE CREATING AN INVESTMENT POLICY STATEMENT FOR JANE DOE General: 60 years old, 3 grown children that are living on their own and supporting themselves. She is in a very low tax rate so we don't...
-
firm purchased a new piece of equipment with an estimated useful life of eight years. The cost of the equipment was $65,000. The salvage value was estimated to be $10,000 at the end of year 8. Using...
Study smarter with the SolutionInn App