Circular flow model to confirm this assertion
Use the circular flow model to confirm this assertion for the construction of a new high school in Blackhawk county?
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In building the school, the effect would be an increase in government expenditures to the product market and an increase in business revenues. The owners of the resources used to building the school will have an increase income. Resources will be diverted away from the private sector. To pay for the high school, taxes may have to be increased. If the economy is experiencing unemployment, the increase in government spending may increase total output and employment.
When the market price is $25, then the average revenue of selling five units is: w) $5. x) $12.50. y) $25. z) $125. Please guys help me to solve out this type of problem regarding profit in a perfectly competitive market
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Which of the given is not a characteristic of a perfectly competitive market structure: w) there are a very huge number of firms which are small compared to the market. x) All firms sell the same products. y) There are no restrictions to entry through
What are the facts of inflation?
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Payments for the use of land, capital and labor are respectively termed as: (w) rent, wages and profits. (x) rent, interest and wages. (y) dues, profits and depreciation. (z) fruit, profits and money. Q : U.S. exports create a demand for True or false? “U.S. exports create a demand for foreign currencies; foreign imports of U.S. goods generate supplies of foreign currencies.” Explain.
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Suppose that on the basis of a nation's production curve, an economy must sacrifice 10,000 pizzas domestically to get the 1 additional industrial robot it desires but that it can get the robot from another country in exchange for 9,000 pizzas. Relate this information to the following statement: "Thr
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