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  3. Macroeconomics Study Set 48
  4. Quiz 7: GDP and the CPI: Tracking the Macroeconomy

(Figure 7-2: Expanded Circular-Flow Model) Use Figure 7-2: Expanded Circular-Flow

Question 71
Multiple Choice

(Figure 7-2: Expanded Circular-Flow Model) Use Figure 7-2: Expanded Circular-Flow Model. What is the value of disposable income? A) $1,020 B) $1,000 C) $870 D) $850

Related questions
Q 72
(Figure 7-2: Expanded Circular-Flow Model) Use Figure 7-2: Expanded Circular-Flow Model How much is total government spending? A) $20 B) $220 C) $370 D) $200
Q 73
(Figure 7-2: Expanded Circular-Flow Model) Use Figure 7-2: Expanded Circular-Flow Model The government has a budget: A) surplus of $150. B) surplus of $220. C) deficit of $70. D) deficit of $200.
Q 74
(Figure 7-2: Expanded Circular-Flow Model) Use Figure 7-2: Expanded Circular-Flow Model. How does the government finance its spending? A) taxes of $150 plus borrowing of $70 B) foreign borrowing and sales of stock of $110 C) investment spending of $120 D) net exports of $80
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