QUESTION 9 When thinking about withdrawals from the circular flow of income, what is the difference between savings and net savings? O a. Net savings take account of the tax paid on interest received Ob. Net savings are equal to savings plus borrowing O. Net savings are equal to savings minus borrowing d. Net savings include saving by firms, while savings do not include this QUESTION 10 Consider the diagram attached below which illustrates the market for apples. What sequence of events could cause the equilibrium to move from r to t? Market for apples.pdf a. The government has encouraged tree planting as a way of combatting global warming and people have begun to appreciate the health benefits of eating fruit Ob.A news story says that easting apples increases your life expectancy and farmers are getting greater yields from their fruit trees because they are using better fertilizers O. Farmers are using their apple crops to feed their pigs and consumers are concerned that the acid in fruit can damage tooth enamel O d. Pear trees have been damaged by a disease and in some parts of the country fires have destroyed apple orchards

QUESTION 9 When thinking about withdrawals from the circular flow of income, what is the difference between savings and net savings? O a. Net savings take account of the tax paid on interest received Ob. Net savings are equal to savings plus borrowing O. Net savings are equal to savings minus borrowing d. Net savings include saving by firms, while savings do not include this QUESTION 10 Consider the diagram attached below which illustrates the market for apples. What sequence of events could cause the equilibrium to move from r to t? Market for apples.pdf a. The government has encouraged tree planting as a way of combatting global warming and people have begun to appreciate the health benefits of eating fruit Ob.A news story says that easting apples increases your life expectancy and farmers are getting greater yields from their fruit trees because they are using better fertilizers O. Farmers are using their apple crops to feed their pigs and consumers are concerned that the acid in fruit can damage tooth enamel O d. Pear trees have been damaged by a disease and in some parts of the country fires have destroyed apple orchards

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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