The amount paid to households for selling factors of production is A Greater

The amount paid to households for selling factors of

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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
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QUIZ 4 6.Which of the following is NOT included in the calculation for GDP? leaving home.
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QUIZ 4 7.Transfer payments refer to: living abroad
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QUIZ 4 8. Suppose a Canadian firm imports $1,000 worth of bananas and sells them for $2,000. The effect on GDP would be outside Canada.
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QUIZ 4 9.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
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QUIZ 4
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