Macroeconomics questions

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A Levels Economics (Macroeconomics) Karteikarten am Macroeconomics questions, erstellt von lucyhacking am 26/11/2013.
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Karteikarten von lucyhacking, aktualisiert more than 1 year ago
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Zusammenfassung der Ressource

Frage Antworten
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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