The ___ is the sum of wages, profits, interest payments, and other ways of earning money in a given period of time
Income
Wealth
The other answers are correct
In the circular flow income, the ___ flow that goes from families to companies are the production factors
Monetary
Real
The other answers are correct
In the circular flow income, the real flow that goes from the State to families and companies are ___
Taxes
Goods and services
Wages
In the circular income flow, the monetary flow that goes from families and companies to the State are ___
Wages
Goods and services
Taxes
Gross Domestic Product ___ is equal to the total expenses for all final goods and services produced within a country in a stipulated period of time (usually a 365-day year)
Gross Domestic Product at factor cost is equal to the sum of the added value of each stage of production (___ stages) by all industries within a country, in the period
Intermediate
The other answers are correct
Final
GDPfc = GDPmp - ___ + Su
Td
Ti
The other answers are correct
The ___ is the Net Domestic Product at factor cost plus the income earned by citizens abroad, minus the income earned by foreigners in the country
Net National Product at market prices
Gross National Product at market prices
Net National Product at factor cost
The ___ is the Net National Product at factor cost plus indirect taxes minus subsidies in production and imports
Net National Product at market prices
Gross Domestic Product at market prices
Gross Domestic Product at factor cost
The ___ analysis of income distribution measures the differences among the inhabitants of the regions
Personal
Geographical
Functional
The formula for the line of perfect equality of the Lorenz curve is ___
y = 2x
y = x
y = 1/x
___ Gini coefficients indicate a more unequal distribution
The other answers are correct
Lower
Higher
GDP estimates but doesn't take into account the underground economy, causing GDO to be ___
Underestimated
Overestimated
The other answers are correct
In countries highly dependent on resource extration or with a high ecological footprint, the disparities between GDP ant the Genuine Progress Indicator (GPI) can be very ___
Small
Large
The other answers are correct
___ and other Austrian economists argue that, since government spending is financed by productive sectors, and produces goods that consumers don't want, it's a burden on the economy and should therefore be deducted
Juan de Mariana
Murray Newton Rothbard
John Maynard Keynes
The economic ___ is the increase in the amount of goods and services by an economy over a period of time
The other answers are correct
Decrease
Growth
A growth rate of 2.5% per year will lead to a doubling of GDP within ___ years
28
9
The other answers are correct
After two decades, with a growth rate of 3% the economy would have grown by ___
165%
80%
The other answers are correct
The phases of an economic cycle are: peak, recession, depression, and ___
The other answers are correct
Decreasing
Expansion
The ___ is a growth in the level of economic activity, and the goods and services available in the market
Expansion
The other answers are correct
Peak
Poor countries are now ___ poor
More
Less
The other answers are correct
Agriculture is of great importance in the ___ sector of Andalusia