Please choose the correct answer

Question 8 1 pts John earns $5,000 monthly but after personal income tax deduction, his take-home is $4, 250. This take-home is called in economics. O Disposable Income. After tax Income Personal Income Spendable IncomeQuestion 9 1 pts The U.S. government gave tax relief to companies with the aim that investment would increase and unemployment would fall. How would this affect the overall economy? O GDP would rise. O GDP would fall. Supply of goods and service would increase O Supply of goods and services would decrease.Question 10 1 pt: Due to the Covid-19 pandemic. most people earn less income. How would this affect their demand for goods and services? 0 The? demand would fall. F" The supply would increase. f\" Their demand remains constant. I" They 1would ralher demand more since there Is a stay-*home order. Question 2 1 A final good is O a good in the hands of its final consumers. O a good used in production. O a complementary good. O a good used to make another goods.Question 3 An intermediate good is counted when computing GDP. True Face No answer text provided. No answer text provided.Question? 1pts The US economy goes through a business cycle. The phases of a business cycle are in the following order. 0 Peak. Contraction. Trough. Recovery, Expansion I" Contraction. Peak, Recovery. Trough. Expansion I\" Expansion. Recovery. Trough. Peak I" Contraction. Expansion. Trough. Peak Question 6 1 pts Aggregate supply increases when Price level increases. Price level falls. O Price level remains constant. Prices of consumer goods falls.Question 5 1 pts Double counting occurs when is included in the GDP. O an intermediate good a final good O production of gasoline O a basket of oranges used for making juiceQuestion 4 1 pts Transfer payment is a payment for the services previously rendered and is not counted in the GDP. True False No answer text provided. No answer text provided