According to the circular flow, the value of total output produced and total income
A) will be equal.
B) should increase by the unanticipated rate of inflation.
C) should differ by the value of intermediate goods.
D) will always be increasing in a capitalist economy.
A
Economics
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As opposed to earlier crises, in the economic crisis of 2008-2009, the initial inability to pay came from
a. lending institutions. b. firms and individuals. c. states. d. the U.S. federal government.
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In his book The Other Path, de Soto suggests that countries will grow more quickly if bureaucratic barriers to free enterprise are reduced.
Answer the following statement true (T) or false (F)
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