In the circular flow diagram, aggregate expenditure includes the sum of
A) saving and investment.
B) consumption and investment.
C) consumption, investment, and saving.
D) income and saving.
B
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Buyers and sellers receive signals from markets
A) by listening to the TV news programs. B) through the price system. C) from the gossip columns in the newspapers. D) from their friends and acquaintances.
Which of the following could be a direct cause of investment spending decreasing?
A. Real income increases. B. Real interest rates increase. C. A firms revenues increases while their costs remain constant. D. Expected future income increases.
If a two-person household moves from Miami to Atlanta, which of the following can describe the household?
A. Neither member of the household is a tied mover. B. One member of the household is a tied mover while the other is a tied stayer. C. Both members of the households are tied movers. D. One member of the household is a tied stayer. E. Neither member of the household is a tied stayer.
In the United States, ________ percent of all firms are corporations
A) 18 B) 60 C) 72 D) 82