Which of the following are leakages from the circular flow of income? a. Savings, taxes, and imports b. Investment, government purchases, and exports c. Investment, taxes and bonds d. Imports, wages and taxes.
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- Don't use AI answer Which of the following are leakages from the circular flow of income? a. Savings, taxes, and imports b. Investment, government purchases, and exports c. Investment, taxes and bonds d. Imports, wages and taxesWhat” the most important aspect of consumption, investment, government spending, and net exports in an economy?Which of the following is added to the GDP? A. Exports B. Imports C. Net Exports D. Personal Income Tax
- What do you call the Circular flow of goods and income of households and firms with the government and foreign countries.What term is used to describe the total value of all the goods and services produced in a country over a specific time period? A) Gross Domestic Product (GDP) B) Consumer Price Index (CPI) C) Balance of Trade D) Fiscal DeficitWhat will happen to the net exports of Mexico when there is an increase in income in the United States? Ⓒ Net exports will increase because exports will increase. Net exports will decrease because exports will decrease. ONet exports will decrease because imports decrease. Net exports will increase because imports increase.
- Use the following to answer questions Item In trillions of Rs. GDP 17.6 Government purchases 1.9 Transfer payments 0.9 Exports 0.8 Imports 1.5 Net foreign factor income 05 Refer to the table above. The sum of private-sector investment and consumption in this economy isSaved ring Output and Income Homework A The table below shows nominal GDP, exports, and imports for the United States. Nominal GDP, Exports, and Imports Imports (billions of dollars) Nominal GDP (billions of dollars) Exports (billions of dollars) Year $2,299.7 2,325.0 $2,745.9 2,866.8 ok 2015 $16,933.7 2016 17,549.8 nt Instructions: Round your answers to 1 decimal place. If you are entering a negatiw ences a. Calculate the value of net exports in 2015. $. billion b. Calculate the value of net exports in 2016. $4 billionWhich of the following is NOT a leakage from the circular flow of income? a. Imports. b. Saving. c. Government purchases. d. Taxes net of government transfers.
- The table below shows nominal GDP, exports, and imports for the United States. Nominal GDP, Exports, and Imports Year 2015 2016 Nominal GDP Exports Imports (billions of (billions of (billions of dollars) $2,308.0 2,334.1 LA dollars) $16,981.9 17,601.1 Instructions: Round your answers to one decimal place. If you are entering a negative number include a minus sign. a. Calculate the value of net exports in 2015. billion b. Calculate the value of net exports in 2016. billion dollars) $2,759.7 2,878.3what do you mean by CIRCULAR FLOW OF GOODS AND INCOME AMONG PRODUCERS AND HOUSEHOLDSShow how a GH¢2,000 increase in government spending financed by a GH¢2,000 increase in taxes will affect the level of national income.