K The demand for investment point(s) possible OA. increases with technological improvements. OB. is not affected by immigration. OC. is not affected by investment tax credits. OD. is not affected by the economy's total income. OE. decreases when the demand for goods and services increases.

Q: Which of the following would cause the level of income to change by the greatest amount?   a. An…

A: Level of income is affected by the change in the price level, change in national income or…

Q: Anation's gross domestic product (GDP) a is the dollar value of all final output produced within the…

A: The GDP (Gross Domestic Product) is total spending or the monetary value of the total final output…

Q: Which of the following statements is FALSE? O The value of total income is equal in value to total…

A: Answer : Total income is always greater than  total output

Q: Calculate the gross value added at FC. Sales is 180 billion, rent 5 billion, subsidy 10 billion,…

A: Given values: Sales = 180 Rent = 5 Subsidy = 10 Change in stock = 15 Raw material = 100 Profit = 25

Q: The largest component of gross domestic income is Select one: O a. interest payments. O b. wages. O…

A: The largest component of gross domestic income is wages.

Q: Tina walks into Ted’s sporting goods store and buys a punching bag for $100. That $100 payment…

A: Wages and other payments for commodities are sent back and forth between employers and employees.…

Q: Suppose we have the following annual information about a wine producer of Shiraz: wages $300,000,…

A: Value added is a measure of economic contribution that a business or producer makes to a product…

Q: Economic In Nashville, a farmer takes $200 worth of inputs and produces wheat, which he sells to the…

A: GDP is the total of the cost of production so now we can find the answer as follow-

Q: contribution to current year's GDP when a home maker enters the workforce, taking a job that pays…

A: Given: Job salary per year: $10000 Professional child care services per year: $4000

Q: Which of the following would be a leading indicator O A. an increase in stock prices O B. personal…

A: The economic indicators are used to measure the performance of the economy. Leading, lagging, and…

Q: n of the following does not contribute to determining the poten a. The price level p. The capital…

A: Given the following question.

Q: Real GDP is not a perfect indicator of economic welfare because Select one: a. it includes the…

A: Real GDP is the value of all the goods and services produced in a country in a given period of time.…

Q: An economy produces capital and consumer goods. Discuss the impact on the PFF due to the following:…

A: PPF(production possibility frontier) shows us various combination of goods(here, capital and…

Q: If a college professor's income has increased by 3 percent at the same time that prices have risen…

A: Inflation is the general rise in the prices of goods and services in an economy, over a period of…

Q: Suppose you are provided with the following information about an economy that consists of just three…

A: Gross Domestic Product is sum of value of output that is produced in a nation in a given period of…

Q: Using a three sector open circular flow of income model: a. Explain what is meant by equilibrium…

A: a. In circular flow of income, equilibrium is a point when flows of money corresponding to the flows…

Q: Which of the following goods would be considered part of consumption (C) by the BEA? The purchase of…

A: GDP by expenditure approach = Consumption + Investment + Government spending + Net exports

Q: 4. In an economy that works in accordance with the classical model, the production function is:…

A: Production function; Y = 2K0.5 L0.5given K and L both are 100 units

Q: Households receive a total income of $5 million. Of this, $3.5 million are wages received for labor…

A: Given: Total income=5 million Wages received=3.5 million Rent payment=1 million Interest…

Q: QUESTION 7 If the number of worker-hours in an economy is 100 and its labor productivity is $9 of…

A: The economies around the world tend to focus on their growth, and development, where various…

Q: The value of final goods and services equals: Select one: O a. the sum of the value added by all…

A: GDP measures the final value of all goods and services produced in an economy during a given period…

Q: The production function shows the relationship between Oa potential and real GDP. Ob. inflation and…

A: The production function shows the relationship between physical inputs and output.  The production…

Q: Which of the following statements is correct? a. An increase in the real interest rate (r) will,…

A: Firm will hire the capital till the point where marginal product of capital is equal to the rental…

Q: he supply of loanable funds has a slope because the grea the quantity of loanable funds supplied.…

A: I think the question you are asking is -the supply of loanable funds has a________ slope because the…

Q: The typical family on Planet Econ consumes 10 pizzas, 7 pairs of jeans, and 20 gallons of milk. In…

A: Family on planet econ consumes three goods. The three goods are Pizza,  jeans, and milk  This family…

Q: Given the information about hypothetical economy XYZ, in which milk is an intermediate…

A: Milk is intermediate good so it will not be included in the GDP. For the real GDP of 2019, consider…

Q: The salary of a consumer increased from ¢90, 000 to ¢110,000, which represents his salary for 2021…

A: Given: Salary in 2021=90000 Salary in 2022=110000

Q: a. What do households do in the factor market, buy or sell? A. buy B. sell b. In the Factor…

A: Households, in the Factor Market, are the owners of the factors of production in the circular flow…

Q: The investment component of GDP has accounted for about ___% of total GDP, including a.…

A: In economics investment meaning is different from accounting sense, It means addition to capital…

Q: The production of Mercedes Benz factory in Egypt is calculated with in: O a. Egypt's GNP b.…

A: Gross domestic product of a country is the sum of money value of goods and services produced in a…

Q: Which of these statements is true about the circular flow of income? O a. Income moves from…

A: Circular flow of income is nothing but the model of economy which shows transactions in the form of…

Q: n on Oman oil is selling oil products in UAE and generating healthy income, this income is included…

A:

Q: f the Real GDP of county A grew by 4% last year, and the po tandard of living in country A: )…

A: Real GDP measures the changes in the production of goods and services based on the base year prices.…

Q: Which of the following is a "stock" (as opposed to a "flow") type of variable? O a. The minimum wage…

A: "In economics, a stock variable is a variable which is measured at a particular point of time and is…

Q: If depreciation exceeds gross investment, The difference between GDP and NDP is smaller than gross…

A: Gross Investment is the total amount spent or invested by a business to purchase capital goods.

Q: 14. In which form, the largest percentage of national income is earned? A. O Interest income B. O…

A: National Income is the aggregate earning of country's production in the current year which includes…

Q: Investment Goods B D C Consumption Goods E Figure 17.5 A movement from point C to point B in Figure…

A: Opportunity cost will be determined in the number of units of the second commodity forgone for one…

Q: Value added solves the problem of OA. distinguishing between final and intermediate products and…

A: Economics is the study of scarcity and its implications for resource utilisation, product and…

Q: In terms of the circular flow diagram, households make expenditures in the _____ market and receive…

A: Circular flow diagram shows the flow of goods and services and money between household and firms.

Q: When Percy Tau receives his salary for playing for Al Ahly SC in the Egyptian Premier League, which…

A: The total value of the commodities and services that a nation's citizens generate, both domestically…

Q: Which of the following is an example of a final good or service? O Jet Fuel bought by Northwest…

A: (Only the first question has been solved).    The final commodities are purchased by the economic…