The theorem that income is always equal to output is generally accepted in macroeconomics.Although it has never been proved, the difference between income and output in national income accounts is attributed to "statistical discrepancy".This paper explores the mistake in this theorem, where t...
Only that part of profits distributed as dividends goes to the individual; therefore, out of corporation profits only dividends count as personal income. The factors of production earn money for social security and unemployment insurance contributions, but this money goes to government (which is not...
求翻译:national income will be in equilibrium when expenditure is equal to consumption or when total injections equal total withdrawals.Any change in the level of injections or withdrawals will bring about a change in the level of National Income.However, the change is Nation Income wll be relati...
Equilibrium national income-均衡国民收入 Equilibrium national income-均衡国民收入 Where the aggregate demand curve intersects with the aggregate supply curve, the total demand for goods and services in the economy is equal to the total supply of goods and services in the economy. 斩断自己的退路,才能...
Equilibrium national income-均衡国民收入 Where the aggregate demand curve intersects with the aggregate supply curve, the total demand for goods and services in the economy is equal to the total supply of goods and services in the economy. ...
DThe money that goes for capital consumption is not regarded as income. 正确答案 D 答案解析 本题的依据是第一段的The money put aside for capital consumption is for replacement and thus is not counted as income 这个句子。对原句的词语选项D用了别的表达方法,但大意仍保持不变。答案为D。
How will the AD curve be affected if, all other things remaining equal, the income responsiveness of the demand for money becomes larger? How does Keynesian Economics relate to GDP? How does monetary policy affect equilibrium GDP? In macroeconomics, what is short-run aggregate suppl...
1、National Income:Where it Comes From and Where it Goes,Chapter 03,In this chapter you will learn:,what determines the economys total output/income 什么决定经济的总产出/总收入 how the prices of the factors of production are determined 生产要素的价格如何决定 how total income is distributed 总...
LCA consistently uses production costs, that is labor costs. The value of net products is thereby reduced to the value of labor employed; national income, measured in labor values, is equal to the total income received from labor; and all uses are described in proporation to this income. A...
remains (positive or negative) is the profit. Thus, profit being a residue after all other payments of rent, wages, and interest. On the other hand, profits would be negative (losses) when payments to factors other than the entrepreneur exceed value of national product equal to income ...