Which of the following is not a flow in the circular flow model?
A) the flow of profit and the flow of revenue
B) the flow of income earned by households and the flow of expenditures incurred by households
C) the flow of revenue received by producers and the flow of payments to resource owners
D) the flow of goods and services and the flow of resources to produce goods and services
A
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Statistical discrimination is when you take action to:
A. reveal private information about someone else. B. reveal one's own private information. C. find out the opportunity cost of acquiring more information. D. fill gaps in your information by generalizing based on observable characteristics.
To say that money serves as a store of value is to say that money is a useful way to store wealth for future use
a. True b. False Indicate whether the statement is true or false
Which of the following is the best example of an automatic stabilizer?
a. Welfare payments. b. Foreign aid c. Defense spending. d. Highway construction.
To bring her family of four up to the poverty line, a woman would need to earn almost $_______ per hour, 40 hours per week, 52 weeks a year.
Fill in the blank(s) with the appropriate word(s).