Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: Pois0n on Nov 10, 2022



Title: Circular Flow DiagramAssume the economy of Kamistan only consists of households and firms and ...
Post by: Pois0n on Nov 10, 2022
Circular Flow Diagram

Assume the economy of Kamistan only consists of households and firms and employs all the factors of production. The table lists the amounts spent on various goods and services in the markets of Kamistan.
Wages750,000 euros
Interest57,000 euros
Profit335,000 euros
Expenditures on goods and services1,500,000 euros

How much money is spent on rent?

▸ 2,642,000 euros

▸ 1,028,000 euros

▸ 472,000 euros

▸ 358,000 euros


Title: Circular Flow DiagramAssume the economy of Kamistan only consists of households and firms and ...
Post by: satish1015 on Nov 10, 2022
Content hidden