FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In the circular flow diagram, households get their ability to pay for their consumption expenditures from the Question 2 options: A) costs they incur for

In the circular flow diagram, households get their ability to pay for their consumption expenditures from the Question 2 options: A) costs they incur for resources. B) revenues they receive for their products. C) goods and services they get in the product markets. D) incomes they earn for their resources

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics Canada in the Global Environment

Macroeconomics Canada in the Global Environment

Authors: Michael Parkin, Robin Bade

8th edition

321778103, 978-0321808370, 321808371, 978-0321778109

More Books

Students also viewed these Economics questions

Question

★★★★★
When corporations issue liabilities (debt at a bank or bonds to the public), we assume that they do so at fair market rates. This implies that, on the day the liability is issued, the cash received...

Answered: 1 week ago

Question

★★★★★
The flexible budget report evaluates a manager's performance in two areas: (1) production and (2) costs. Select one: . True False The flexible budget report evaluates a manager's performance in two...

Answered: 1 week ago

Question

★★★★★
6.32 Tennis Anyone? A stringer of tennis rack- ets has found that the actual string tension achieved for any individual racket stringing will vary as much as 3 kilograms per square centimetre (km/...

Answered: 1 week ago

Question

★★★★★
Based on your reading and knowledge from other sources, in what ways has the phenomenon of the Internet influenced office automation?

Answered: 1 week ago

Question

★★★★★
A company had $19 of sales per share for the year that just ended. You expect the company to grow their sales at 6.75 percent for the next five years. After that, you expect the company to grow 3.75...

Answered: 1 week ago

Question

★★★★★
Kindly provide solutions to the questions below FIRM 2 25 35 50 100 25 125, 125 100, 140 63, 125 -63, -250 FIRM 1 35 140, 100 105, 105 53, 75 123, -350 50 125, 63 75, 53 0,0 -250, -500 100-250,...

Answered: 1 week ago

Question

★★★★★
5. Using the following data, calculate the breakeven point and margin of safety in units: Selling Price = $50 Variable Cost =$40 Fixed Cost = $70,000 Budgeted Sales = 7,500 units

Answered: 1 week ago

Question

★★★★★
Megan used to work at the local pizzeria for $30,000 per year but quit in order to start her own deli. Last year, she paid $6,000 rent each month, $5,500 for employee payroll each month, and $1,500...

Answered: 1 week ago

Question

★★★★★
Using a Motorcycle System, create a list of functional and physical terms, develop a functional hierarchy and a physical hierarchy for the Motorcycle System.

Answered: 1 week ago

Question

★★★★★
After also looking specifically at the report on pages 11 and 10, discuss the usefulness of the ESEA of 1965 as it relates to safety and security in the 2010's. Discuss the value of federal action...

Answered: 1 week ago

Question

★★★★★
Question 1: Discuss the Primary Factors Influencing Earth's Climate and How They Interact Question 2: Explain the Concept of Climate Models and Their Role in Predicting Future Climate Changes

Answered: 1 week ago

Question

★★★★★
If an increase in Demand is larger than an increase in Supply, discuss equilibrium price and output sales

Answered: 1 week ago

Question

★★★★★
9. Take four examples from your own everyday life where someone has tried to influence you. Which of the seven influencing techniques mentioned above were used? Did they use any other influencing...

Answered: 1 week ago

Question

★★★★★
10. First test yourself and then let another member of the group test you in relation to the following questions. If deviations occur, discuss why this might be. What can the results of this test be...

Answered: 1 week ago

Question

★★★★★
5. Based on your desired future, answer the following questions: (a) What do you want, i.e. what goals have you set yourself? Set up three goals in order of priority. (b) Why do you want this? (c)...

Answered: 1 week ago

Previous Question Next Question