Economics 1022A/B Study Guide - Quiz Guide: Final Good, Intermediate Good, Commodore 64

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ECON 1022A/B Full Course Notes
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ECON 1022A/B Full Course Notes
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Answer: e: the circular flow diagram illustrates the expenditures made by, households, firms, governments, and the rest of the world, households and investors only, households and firms only, households only, firms, households, and governments only. 1: the purchasers in the goods markets are, households and firms only, households and net exporters only, households, firms, and government only, households and government only, households, firms, government, and those who import our goods. Answer: e: of the following items, which one would be considered as investment in the national income and expenditure. Net exports equals: exports divided by imports, imports minus exports, exports plus imports, exports minus imports, foreign borrowing by residents of canada minus domestic borrowing by nonresidents of canada. Answer: d: which one of the following is an expenditure flow from households to firms, goods and services, factor services, payments for goods and services, payments for factor services, loans.

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