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Macroeconomics questions

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A Levels (Macroeconomics) Economics Fichas sobre Macroeconomics questions, creado por lucyhacking el 26/11/2013.
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Fichas por lucyhacking, actualizado hace más de 1 año
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Creado por lucyhacking hace casi 11 años
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Pregunta Respuesta
What are the components of Aggregate demand? C+I+G+(X-M)
The relationship between price and demand is... inverse
What are the factors of production? Land, labour, capital, enterprise
What is Aggregate supply determined by? Wages, tax and cost of materials
What are the 3 withdrawals in the circular flow of income? Taxation,savings,Imports
What are the 3 injections in the circular flow of income? Government spending,investment, exports
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