The beginning point of a graph (the 0,0 point) is known as:
a. ground zero.
b. the quadrant.
c. the origin
d. variable one.
c
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When we use money to purchase goods and services, we are using money as a
A) reserve of wealth. B) unit of account. C) medium of exchange. D) bartering tool. E) store of value.
The type of unemployment resulting from the fact that labor market information is less than perfect is called
a. frictional unemployment. b. natural unemployment. c. cyclical unemployment. d. structural unemployment.
Identify the non-price determinants that create changes in demand and can cause a shift in the demand curve
What will be an ideal response?
Which of the following are injections into the circular flow of income?
a. saving, investment, exports, and taxes b. investment, taxes, and imports c. saving, taxes, and imports d. investment, government spending, and exports