Answer:
D. They provide the four factors of production and spend money on the product market.
Explanation:
In circular flow of business, all the players namely; household, government agencies, firms and others in an economy have an important role to play.
The level of a nation's employment status, price level and income are determined as a result of various interactions among firms/businesses, household and government agencies.
When a unit spends money, it becomes the income of another unit. Household goes to market with their monies to buy goods and services, while firms goes to the factor market to buy the resources, which are owned by the household, to produce the goods and services.
As for the government agencies, they collect taxes on the goods and services produced and on income(both household and firms) . Government also buys goods and services inorder to produce specialize goods.
Through these interactions, money and business changes hands from the household to the firm and then to government. It goes back to the household and the list goes on and on.
Answer:
The correct answer is: multi-level marketing.
Explanation:
Multi-level marketing (MLM) is appealing for workers because there is tremendous potential to make money and low entry costs. It is a business strategy in which salespeople recruit other individuals to sell products or services for them in order to earn a portion of their sales in addition to their own sales.
Answer:
false
Explanation:
The United States government do make some monies available to individuals or organisation in the form of grants, for the achievement of set purposes or goals. Not everyone or organisation can be eligible for all the available grants at any time. People are expected to look through various application processes to know if they are legally eligible to apply for any grant in order to avoid wasting their time and money during application.
Answer:
$3 trillion
Explanation:
Given that,
GDP = $15 trillion
consumption = $10 trillion
Government spending = $2.5 trillion
Taxes = $1 trillion
Net capital inflow = $0.5 trillion
Investment:
= GDP - Consumption - Government spending + Net capital inflow
= $15 - $10 - $2.5 + $0.5
= $3 trillion
We know that savings is equal to investment spending.
Therefore, the total savings for the economy of Neverwhere is $3 trillion.
