Figure 6-1 shows the circular flow model where only consumption goods are being produced. Use the figure to answer questions .
Figure 6-1
-Refer to Figure 6-1. The arrow marked "B" represents the flow of:
A) factors of production.
B) factor incomes.
C) personal consumption expenditures.
D) consumer goods and services.

Question

Figure 6-1 shows the circular flow model where only consumption goods are being produced. Use the figure to answer questions .
Figure 6-1 
-Refer to Figure 6-1. The arrow marked "B" represents the flow of:
A) factors of production. 
B) factor incomes. 
C) personal consumption expenditures. 
D) consumer goods and services.

Quizplus · Accepted Answer

The Answer of Figure 6-1 shows the circular flow model where only consumption goods are being produced. Use the figure to answer questions .
Figure 6-1 
-Refer to Figure 6-1. The arrow marked "B" represents the flow of:
A) factors of production. 
B) factor incomes. 
C) personal consumption expenditures. 
D) consumer goods and services.

Figure 6-1 Shows the Circular Flow Model Where Only Consumption