Business, 09.10.2020 23:01 pineapplepizaaaaa

Select the correct answer. Which statement is true?
A. Savings are a leakage in the circular flow of income.
B.
Households
pay wages to businesses.
C. Exports are leakages in the circular flow of income.
D.
Taxes paid to the government have no direct effect on the economy.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 11:30

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.

Answers: 2

Answer

Business, 23.06.2019 07:50

Suppose that two countries, britain and the u.s. produce just one good - beef. suppose that the price of beef in the u.s. is $2.80 per pound, and in britain it is £3.70 per pound. according to ppp theory, what should the $/£ spot exchange rate be? suppose the price of beef is expected to rise to $3.10 in the u.s. and to £4.65 in britain. what should be the one year forward $/£ exchange rate?

Answers: 1

Answer

Business, 23.06.2019 10:40

what is your question? 1 high schoolbusiness 5 points imagine that you have won $100 in the state lottery. you have a choice between spending the money on shopping now or putting it away in a savings account for one year. you decide to spend the money now on shopping. thus, you will lose the interest that you could have earned by saving the money. the lost interest is cost of spending money now.

Answers: 3

Answer

Business, 23.06.2019 11:10

Which of the following statements best reflects a price-taking firm? price-taking firms maximize profits by charging a price above marginal cost. the firm can sell only a limited amount of output at the market price before the market price will fall. if the firm were to charge more than the going price, it would sell none of its goods. the firm has an incentive to charge less than the market price to earn higher revenue.

Answers: 3

Answer

You know the right answer?

Select the correct answer. Which statement is true?
A. Savings are a leakage in the circular...

Questions