1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vaieri [72.5K]
3 years ago
10

Which statement best describes the circular flow model?

Business
2 answers:
Salsk061 [2.6K]3 years ago
8 0

model represents the movement of money and resources through out the economy

olga_2 [115]3 years ago
4 0

The correct answer is A

You might be interested in
In a small, closed economy, national income (GDP) is $350.00 million for the current quarter. Individuals have spent $100.00 mil
kirill [66]

Answer:

Investment 175

Explanation:

<u>Calcualted from Income:</u>

GDP = C + G + I

350 =  100 + 75 + I

I = 350 - 100 - 75

I = 175

The income comes from consumption, the goverment or through invesment

<u>Calculated from savings: Investment = Savings</u>

Savings = public saving + private savings

Savings = (taxes - gov spending) + (income - consumption - taxes)

Savings =                (60 - 75 )        +        (350 - 100 - 60)

Savings =    -15 + 190 = 175

To invest, we need to save, the public savings is the difference between the taxes colelcted and the gov spending

Then, the private savings are what is left after consuming and paying taxes.

6 0
3 years ago
When will nekos be created?
lorasvet [3.4K]

Answer:

no

Explanation:

5 0
3 years ago
Read 2 more answers
The following information is available to reconcile Branch Company's book balance of cash with its bank statement cash balance a
Sauron [17]

Answer:

a. No journal entry required.

Explanation:

a. No journal entry required.

b. No journal entry required.

c. DR - Rent Expense -  $20

  CR - Cash - $20

d. Cash (DR) 7,955

  DR - Collection expense - $45

  CR - Notes Receivable - $8,000

e. DR - Accounts Receivable-E. Shaw - $ 805

   CR - Cash - $805

f. DR - Misc Expenses - $25

  CR - Cash - $25  

g. No journal entry required.

i. No journal entry required.

5 0
3 years ago
Read 2 more answers
Comfort Cords produces curtain cords. In the process of manufacturing those cords, it also produces hair ties which are sold sep
hoa [83]

Answer:

$609,000

Explanation:

The revenue in June for  Comfort Cords is the sum of the revenue from cords and hair ties.

The revenue from each is the product of the unit selling price and the quantity sold.

= 50000 * $12 + 9000 * $1

= $600,000 + $9000

= $609,000

3 0
4 years ago
Cleftell Inc., a coal mining company in the United States, is the only supplier of coal in its area. The company is backed by th
Katarina [22]

Answer:

Oligopoly

Explanation:

Oligopoly - it is referred to as a marketing structure in which there are few suppliers in the market and every supplier has its own unique function and unique control over the market.

In the given question, cleftell Inc is also one of that firm which has its own control over the market that is why government back them so that they will supply the coal in discounted rate as before

3 0
3 years ago
Other questions:
  • What is the purpose of the audit policy section of a local gpo?
    13·1 answer
  • Allegheny Energy Supply Co. and Monogahela Power Co., a subsidiary, filed suit against Anker West Virginia Mining Co., later acq
    15·1 answer
  • Deep Mines has 43,800 shares of common stock outstanding with a beta of 1.54 and a market price of $51 a share. There are 10,000
    9·1 answer
  • One potential drawback of just-in-time (jit) production is that
    13·1 answer
  • A team consists of employees from the same department who meet for a few hours each week to discuss ways of improving the work e
    9·1 answer
  • The following transactions occurred during the month of June 2021 for the Stridewell Corporation. The company owns and operates
    15·1 answer
  • the inflation and unemployment data for the 1970s suggest that the aggregate-supply shocks of that period caused the:
    8·1 answer
  • How will forgoing traditional advertising in favor of a social media campaign using various social media technologies help Slice
    10·1 answer
  • When a license has been revoked what is the soonest the licensee can apply to the state to become a real estate licensee again?
    14·1 answer
  • The objective of profit maximization should be constrained by the requirement that profits be achieved through.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!