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- A more complex circular-flow diagram for the economy of

Resolved Question:

- A more complex circular-flow diagram for the economy of Macronia is shown at right.
a. What is the value of GDP in Macronia?
b. What is the value of net exports?
c. What is the value of disposable income?
d. Does the total flow of money out of households—the sum of taxes paid, consumer spending, and private savings —equal the total flow of money into households?
e. How does the government finance its spending?
Submitted: 7 years ago.
Category: Finance
Expert:  Amol Srivastava replied 7 years ago.

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