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Class 12 · Economics · Medium

If firms face lower demand in the product market, what may they do in the factor market?

Class 12 · Economics · Medium

Why may consumption expenditure immediately fall when household saving rises in the two-sector model?

Class 12 · Economics · Medium

If household income rises and the propensity to consume remains constant, what may happen to firms’ sales in the two-sector model?

Class 12 · Economics · Medium

Which idea is most useful when linking the two-sector circular flow with methods of measuring national income?

Class 12 · Economics · Medium

How can the factor market affect the product market in the two-sector model?

Class 12 · Economics · Medium

How can the product market affect the factor market in the two-sector model?

Class 12 · Economics · Medium

Why are households and firms dependent on each other in the two-sector model?

Class 12 · Economics · Medium

Which option correctly shows the complete pair of real and money flows in the two-sector model?

Class 12 · Economics · Medium

How can an increase in production be related to household income in the two-sector model?

Class 12 · Economics · Medium

If household consumption expenditure rises, what may happen to production in the two-sector model?

Class 12 · Economics · Medium

What can be a first reason for a fall in households' purchasing power in the two-sector model?

Class 12 · Economics · Medium

Which option may indicate expansion in the income flow in the two-sector model?

Class 12 · Economics · Medium

Which option can indicate a disturbance in equilibrium in the two-sector model?

Class 12 · Economics · Medium

If household saving rises and the financial market converts it into investment, what may happen in the two-sector model?

Class 12 · Economics · Medium

In which situation will firms' factor payments and household factor income appear as two sides of the same flow?

Class 12 · Economics · Medium

In which situation will firms' sales revenue and household consumption expenditure appear as two sides of the same flow?

Class 12 · Economics · Medium

What is the basis for treating income and expenditure as equal in the two-sector model?

Class 12 · Economics · Medium

Why are output and income understood as equal for national income in the two-sector model?

Class 12 · Economics · Medium

Which option incorrectly states a money flow in the two-sector model?

Class 12 · Economics · Medium

Which option incorrectly states a real flow in the two-sector model?

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