A major macroeconomic leakage from the circular flow is:
a. Saving
b. Gross private domestic investment
c. Government spending.
d. All of the above.
e. None of the above.
.A
Economics
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Why is the minimum of the average variable cost curve called the shutdown point?
What will be an ideal response?
Economics
The above figure shows four different markets with changes in either the supply curve or the demand curve. Which graph best illustrates the market for tea after severe weather destroys a large portion of the coffee crop?
A) Graph A B) Graph B C) Graph C D) Graph D
Economics