If injections are greater than withdrawals:
a) National income is likely to increase
b) National income is likely todecrease
c) National income will stay in equilibrium
d) Prices will fall
Answer: a) National income is likely to increase
You might also like to view...
The more inelastic the supply curve in a goods market, the smaller will be the deadweight loss from a per-unit tax in that market.
Answer the following statement true (T) or false (F)
Any change in people's willingness to participate in the labor force is represented as a movement along a labor supply curve
a. True b. False Indicate whether the statement is true or false
A problem with measuring the factor shares to determine scarcity or abundance is that:
a. it is very hard to count workers in some nations. b. estimates are very unreliable. c. the quantity of a factor may not be as important as its productivity. d. scientists disagree over the method by which to compute "share.
When the price of lamps increases, the:
What will be an ideal response?