Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

The National Economy

The diagram that shows the income received and payments made by each sector of the economy is the ?

The diagram that shows the income received and payments made by each sector of the economy is the ?

A. income-expenditures diagram
B. aggregate demand-aggregate supply diagram
C. circular flow diagram
D. income-price diagram

The diagram that shows the income received and payments made by each sector of the economy is the ? Read More »

Economics Mcqs, The National Economy

Starting from a balanced budget, for a given tax rate, an increasing in income will cause the government budget to ?

Starting from a balanced budget, for a given tax rate, an increasing in income will cause the government budget to ?

A. move into surplus
B. move into deficit
C. remain unchanged
D. None of the above above

Starting from a balanced budget, for a given tax rate, an increasing in income will cause the government budget to ? Read More »

Economics Mcqs, The National Economy