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IB Economics Unit 1.1: What is Economics? Scarcity Choice and the PPC (id: e9124

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admin 发表于 2024-4-2 21:23:37 | 显示全部楼层 |阅读模式
本题目来源于试卷: IB Economics Unit 1.1: What is Economics? Scarcity Choice and the PPC,类别为 IB经济学

[单选题]
Whci of the following z: (c.gar80s2sq8qhxqa vczt wt 529istatements corwlza hh.8( huzp)4.s drectly describe the circular flow of income modp h)(zhzau.l.hs4d w8 el?
I. Import spending is a leakage; export revenue is an injection
II. Investment spending is an injection; saving is a leakage
III. Wages are the income of labour as a factor of production
IV. Interest is the income of entrepreneurship as a factor of production

A. I only
B. I and II only
C. I, II, and III only
D. I, II and IV only


参考答案:  C


本题详细解析:
C

Statement I is true: import spending is money that flows out of the circular flow to other countries. Export revenue is money that flows into the circular flow from other countries

Statement II is true: investment spending is money that flows into the circular flow from the banking sector. Saving is money that flows out of the circular flow to the banking sector

Statement III is true: workers receive wages as the income for their labour

Statement IV is not true: interest is the income for capital as a factor of production. Profit is the income for entrepreneurship

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