Use the Following to Answer Questions

question 422

Multiple Choice

Use the following to answer questions :
Figure: Circular-Flow Model
-(Figure: Circular-Flow Model) Look at the figure Circular-Flow Model. If the circular-flow model is in equilibrium (the sum of money flowing into each box is equal to the sum of the money flowing out of it) and there is an increase in imports, which of the following is likely to happen?

• A)an increase in the nominal GDP
• B)a decrease in the nominal GDP
• C)a decrease in the unemployment rate
• D)an increase in the nominal GDP and in the unemployment rate

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Acceptance

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Phonetic Alphabet

A system of writing developed by early Greeks that uses letters to represent spoken sounds, enabling the expression of complex ideas.

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