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John work as a skilled technician for A and B manufacturing His salary is 400 a week he spends 350 on a variety of goods and services this cycle of earning and spending is an example of the?
Circular Flow of Economic Activity
Spending more money on imports then earning on exports is called what?
Trade surplus
How do you save 3000 dollars?
By earning 3000 dollars more than you spend. Basically, you can concentrate on earning more, on spending less, or a little of both.
What usually increase when a person forms his or her own family unit?
The potential earning and spending increase.
What is the cycle of money?
managing the income and spending by balance
Which of the following is an example of mandatory spending?
Mandatory spending example would be buying groceries. Anything that is a NEED and not a WANT is considered mandatory spending
A plan for spending saving and earning?
Spending Goals. Before you decide where your money really must go, you need to determine your goals.
Definition of budget cycle?
managed the income and spending the balance
What methods do economists use to predict business cycle?
SPENDING
What is the definition of money cycle?
managing the income and spending by balance
Does Washington stress rights in earning money or rights in spending money?
Washington emphasizes both rights in earning and spending money, but his focus leans more towards the rights in earning money. He believed that economic independence and self-sufficiency were crucial for individual prosperity and societal progress. While he acknowledged the importance of spending wisely and investing in community development, his advocacy for vocational training and entrepreneurship highlighted the significance of creating wealth through hard work and initiative.
What has the author Reid Lage McClung written?
Reid Lage McClung has written: 'Earning and spending' -- subject(s): Economics
