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Answer each of the following questions on a separate sheet of paper. This includes institutions like banks. The correct answer is D2D (Distributor-to-Distributor). Many different types of taxes are paid by people in your area. If Year 1 is selected as the base year, the index number for Year 1 is ($40 / $40) x 100 = 100. Expenditure approach Income approach Taxes Saving Investment Exports Government spending Imports Payments for resources (rent/ wages/interest. The first unit of this course is designed to introduce you to the principles of microeconomics and familiarize you with supply and demand diagrams, the most basic tool economists employ to analyze shifts in the economy. Economists can use aggregate demand and supply models to determine the real GDP and study cause and effect relationships within an economy. This dedication to the AP courses keeps. 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