5.The amount paid to households for selling factors of production is:A. Greater than firm revenue.B. Less than firm revenue. C. Equal to firm revenue. D. Is a leakage in the circular flow of E. Is an injection in the circular flow of income.income
QUIZ 46.Which of the following is NOT included in the calculation for GDP?leaving home.
QUIZ 47.Transfer payments refer to:living abroad
QUIZ 48. Suppose a Canadian firm imports $1,000 worth of bananas and sells them for $2,000. The effect on GDP would beoutside Canada.
QUIZ 49.Which of the following would not represent an increase in the capital stock?A. The hiring of new workersB. The education of current workersC. The purchase of new machinesD. The purchase of new tools