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Macroeconomics questions

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A Levels Economics (Macroeconomics) FlashCards sobre Macroeconomics questions, criado por lucyhacking em 26-11-2013.
lucyhacking
FlashCards por lucyhacking, atualizado more than 1 year ago
lucyhacking
Criado por lucyhacking quase 13 anos atrás
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Resumo de Recurso

Questão Responda
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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