Which group are the correct type of economic agents?

This type of economic agent, transforms the factor goods into goods and services for to sell.

A firm could be? I. Private II. Public III. Voluntary IV. All of the above

An economic agent which provides rules for how firms and consumers should interact, when they meet in the market, is called?

In a 2 Sector Economy there are only?

Which factors of production flows from the households to the firms?

What do firms pay households, in the circular flow of income?

In the 3 sector economy, governments receives?

Which are considered as injections into an economy?

The total value of all final goods and services produced within an economy, during a given period, is called?

A economy that only has activity from consumers, firms and government. is called a?

Net National Product = GNP - ?

NNP is also called?

The expenditure method of calculating the value of national output, is calculated by?

This measures the value of output produced by industries .

A prolonged period of little or no growth in an economy, is called?

GDP at the value sold in the market and not adjusted for the effects os subsidies and indirect taxes, is called?

The total value of all goods and services produced by all industries in an economy, is called the ?

This measures the value of the real economy, such as, the value of goods produced at constant prices.

Which is NOT a limitation of national income statistics?