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5 Written Questions

5 Matching Questions

  1. capital stock at the end of period is...
  2. Can you re-create the circular flow diagram from scratch?
  3. national income
  4. Three Market Arenas
  5. dividends
  1. a y/n?
  2. b the total income earned by the factors of production owned by a country's citizens
  3. c goods and services
    labor
    money
  4. d capital at the beginning+net investment
  5. e portion of a firm's profits that the firm pays out each period to its shareholders

5 Multiple Choice Questions

  1. Determinants of total national income.
    Aggregates of consumption and investment
    Overall level of prices
  2. gross investment-depreciation
  3. current prices we pay for goods and services
  4. Federal Reserve for
    money quantity
    (affects interest rates)
  5. measures income recieved by all factors of production in producing final goods and services

5 True/False Questions

  1. disposable personal income
    after-tax income
    households are spending a large amount relative to income

          

  2. 2 limits of GDP conceptfinancial instruments that give to the owner a share in the firm's ownership and therefore the right to share in the firm's profits

          

  3. personal incomethe total income earned by the factors of production owned by a country's citizens

          

  4. compensation of employeesthe total income earned by the factors of production owned by a country's citizens

          

  5. treasury bonds
    notes
    bills
    Promissory notes issued by the federal government when it borrows money

          

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