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Class 12 · Economics
→In the circular flow of income in a two-sector economy, under which condition does income equilibrium persist?
Class 12 · Economics
→If investment increases by 20 and MPC = 0.5, what will be the possible increase in income?
Class 12 · Economics
→If MPC is higher, what will be the effect of a rise in investment on income in the two-sector flow?
Class 12 · Economics
→In the two-sector model, what happens to the multiplier when MPS is higher?
Class 12 · Economics
→If MPC = 0.8, what will be the value of the two-sector income multiplier (k)?
Class 12 · Economics
→In the two-sector circular flow of income model, what type of leakage is saving by households considered to be?
Class 12 · Economics
→What is the most appropriate meaning of a fall in unplanned inventories in the two-sector model?
Class 12 · Economics
→In the two-sector model, what does a rise in unplanned inventories indicate?
Class 12 · Economics
→If planned saving is greater than planned investment, what may happen to firms' unplanned inventories?
Class 12 · Economics
→If planned saving is less than planned investment, what may happen to firms' stocks in the two-sector model?
Class 12 · Economics
→In the circular flow model of a two-sector economy, what are the wages, rent, interest and profit received by households in return for providing factors of production to firms called?
Class 12 · Economics
→In the real flow of a two-sector economy, which service is provided by households to firms?
Class 12 · Economics
→In the two-sector circular flow of income model, how is saving by the household sector classified?
Class 12 · Economics
→What is the deepest conceptual conclusion in the two-sector model?
Class 12 · Economics
→Which option identifies an incorrect conclusion at an advanced level in the two-sector model?
Class 12 · Economics
→Which option is the best overall examination strategy for the two-sector model?
Class 12 · Economics
→In the two-sector model, if national income is concluded only from firms’ sales, what caution is needed?
Class 12 · Economics
→Which option shows the error of partial analysis in the two-sector income flow?
Class 11 · Economics
→If factor payments fall and productivity also falls, what is the correct analysis of the firms’ situation?
Class 12 · Economics
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