Answer to Question #137212 in Macroeconomics for December

Question

Question 58 is based on the following diagram showing the business cycle of Country A's
economy:
58. Suppose Country A experience a fall in consumption spending due to rising unemployment,
which led to a decrease in total income in the economy. This would result in the movement
from________ in the diagram?
[1] B to C
[2] A to B
[3] A to C
[4] C to B
59. Which one of the following is NOT a demand factor that influences economic growth?
[1] an increase in exports
[2] an increase in factors of production
[3] an increase in investment spending
[4] domestic manufacturing of previously imported goods

Answer 1

Dear December, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order