An example of a money flow in the circular flow diagram is
A) a student's payment of tuition to her university.
B) a farmer's use of land to grow wheat.
C) the government's operation of the court system.
D) a firm's production of goods to sell to a foreign country.
E) the government's financing of the national debt.
Correct Answer:
Verified
Q103: Dividing the nation's income among the factors
Q104: In the circular flow model, rent, wages,
Q105: The national debt is the total amount
Q106: Q107: -------------are the largest components of state and Q109: In the circular flow model, consumption goods Q110: Capital, as a factor of production, refers Q111: The functional distribution of income measures which Q112: Items bought by individuals to provide personal Q113: ![]()
![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents