Which of the following represents an income flow in the circular flow of domestic output and national income?
A. Net exports
B. Investment expenditures
C. Government purchases
D. Corporate profits
D. Corporate profits
You might also like to view...
Which of the following explains why production rises in most years?
a. increases in the labor force b. increases in the capital stock c. advances in technological knowledge d. All of the above are correct.
Increases in the minimum wage are in every worker's best interest.
Answer the following statement true (T) or false (F)
Refer to Scenario 13.2 below to answer the question(s) that follow. SCENARIO 13.2: The government of Stratospheria is currently inviting investors to bid for the exclusive right to provide cable television service to its residents. The market demand for this service is P=55-0.01Q, where Q is the number of households that would subscribe to the cable service and P is the monthly fee charged to the subscribers. The associated marginal revenue curve is MR=55-0.02Q. Fun Cable Company is interested in bidding for the right to provide cable service in Stratospheria. It has a constant average and marginal cost of $5 for providing cable service to each household.Refer to Scenario 13.2. At what level of output (number of households) is Fun Cable Company's total revenue maximized?
A. 2,500 B. 2,750 C. 5,000 D. Indeterminate from the given information.
Financial markets are
A) institutions that make loans to borrowers and obtain funds from savers. B) organized exchanges where securities and financial instruments are bought and sold. C) organized exchanges where currencies are traded. D) institutions that regulate financial instruments.