Imports are _______ the circular flow, and exports are ________ the circular flow.
a. an injection into; an injection into
b. a leakage from; an injection into
c. an injection into; a leakage from
d. a leakage from; a leakage from
Answer: b
Leakage is the form of financial outflow; therefore it suits with import (goods to come cash to go). Injection is the form of financial inflow; therefore, it suits with export (goods to go cash to come).
Imports are _______ the circular flow, and exports are ________ the circular flow. a. an injection...
2. The circular flow of income and expenditure The income and expenditure approaches to measuring a nation's GDP can be combined using the circular flow model. Categorize each flow in the following table as part of either aggregate demand or national income. Flow Aggregate Demand National Income Net taxes (NT) O Investment spending (1) Consumption (C) Government purchases (G) OOO Net exports (X - IM) Disposable income (DI) 0 While national income and domestic product must be equal, income must...
what is the answer?
Name the three injections to the circular flow. Select one: O a. Investment, exports, and government spending O b. Expenses, income, and exports O c. Saving, imports, and taxes d. Consumption, investment, and imports Name the three injections to the circular flow. Select one: O a. Investment, exports, and government spending O b. Expenses, income, and exports O c. Saving, imports, and taxes d. Consumption, investment, and imports
Monetary savings represents a leakage in the circular flow of an economy because it __________. A.) is of no use to the economy B.) increases the size of the flow C.) is used to purchase imports D.) is income not consumed
Net Exports is defined as: Select one: a. Imports minus exports b. Exports minus imports c. imports plus exports d. Exports plus imports ore. None of the above NA
The diagram below depicts the supply and demand curves for bicycles. Use the diagram to answer the following questions 1 to 6. 3. The economy transitions from no trade to free trade and the new international equilibrium price for a bicycle is $40. Does this economy export or import bicycles? How many? a.Imports 100 bicycles.b.Imports 200 bicycles.c.Exports 100 bicycles.d.Exports 200 bicycles.
What happens when the dollar depreciates? a. Canadian exports and imports increase. b. Canadian exports increase, while imports decrease. c. Canadian exports decrease, while imports increase. d. Canadian exports and imports decrease.
Which of the following are leakages from the circular flow of income? Group of answer choices Savings, taxes, and imports Investment, government purchases, and exports Investment, taxes and bonds Imports, wages and taxes
How is net exports equal to net capital outflow? If Net Exports=Exports-Imports, and NCO= Imports-Exports, wouldn't one be positive when the other is negative..
D Question 10 GDP is equal to: O C+ Ig+G+ (Imports - Exports) O C+Ig+G+ (Imports + Exports) OC + Ig+G - (Exports + Imports) OC+ Ig+G+ (Exports - Imports) Previous
Net exports are negative when Multiple Choice net exports exceed imports depreciation exceeds exports exports exceed imports. imports exceed exports