A major macroeconomic leakage from the circular flow is:
a. Consumption
b. Savings
c. Saving
d. Gross private domestic investment
e. Government spending.
.C
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Explain what information that changes in the value of a firm's stocks provide for a firm's managers and for investors
What will be an ideal response?
The purchasing power parity theory usually does not explain exchange rates at a particular point in time because of trade barriers, central bank intervention in exchange markets, and the fact that many products are not traded or are not comparable across countries
Indicate whether the statement is true or false
A demand-pull inflation spiral results when
What will be an ideal response?
Ceteris paribus, if the corn crop is 15 percent larger this year than it was last year, farmers will have to ________ the price of corn by ________ to sell the new crop.
A. reduce; exactly 15 percent B. raise; more than 15 percent C. reduce; more than 15 percent D. reduce; less than 15 percent