In the circular flow diagram, households get their ability to pay for their consumption expenditures from the

The income-expenditure model assumes that the aggregate supply curve is horizontal at a given price level

Indicate whether the statement is true or false

When maximizing economic growth is a country's goal it:

A. may work in opposition to the country's happiness in terms of satisfaction gained from leisure. B. increases the correlation to the country's happiness, because more money makes people happier. C. creates a perfect correlation to happiness, if the money is allocated fairly. D. everyone in the economy will be better off if it obtains its goal.