Test Bank: Answers on Exam (elaborations) Macroeconomics (BFE0019)
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Course
Macroeconomics (BFE0019)
Institution
The University Of Huddersfield (UoH)
Your document includes exam questions on the first topic in macroeconomics and provides simple answers for each helping students prepare for their exams effectively.
4. Which of the following statements are TRUE?
ALL
5. Which of the following is not counted as a withdrawal from the
circulation of income?
B
6. Which of the following is not counted as an injection into the
circular flow of income?
A
7. Circular flow of income Y= GDP I= Investment G=Government
spending X= Exports M=Imports C= Consumption Cd=
Domestic Consumption which is correct?
ALL
8. Circular flow of income Y= GDP I= Investment G=Government
spending X= Exports M=Imports C= Consumption Cd=
Domestic Consumption which is correct?
B
9. Which of the following statements are FALSE?
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