With respect to the circular flow model of national income, which of the following statements is false? An increase in investment, a fall in taxes and an increase in exports increases economic activity A rise in savings, an increase in exports and a decrease in taxes increases economic activity A rise in government spending, a fall in imports and an increase in investment increases economic activity A rise in exports, a fall in savings and an increase in transfer payments increases econômic activity

With respect to the circular flow model of national income, which of the following statements is false? An increase in investment, a fall in taxes and an increase in exports increases economic activity A rise in savings, an increase in exports and a decrease in taxes increases economic activity A rise in government spending, a fall in imports and an increase in investment increases economic activity A rise in exports, a fall in savings and an increase in transfer payments increases econômic activity

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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