Which of the following is the injection into the circular flow model?
a. Money deposited in a savings account.
b. Income earned through exports.
c. Goods imported from abroad.
d. Taxes paid by the individuals.
b
Economics
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An advance in technology increases the productivity of labor. As a result, the nation's production function shifts ________ and the ________ labor curve shifts rightward
A) upward; demand for B) downward; demand for C) upward; supply of D) downward; supply of
Economics
If the exchange rate falls from 120 yen per dollar to 110 yen per dollar, the dollar has depreciated
Indicate whether the statement is true or false
Economics