What are the two basic markets shown by the simple circular flow model?
A) Capital goods and consumer goods.
B) Private and public goods.
C) Product and factor.
D) Household and business.
E) Competitive and monopolistic.
Correct Answer:
Verified
Q4: Q5: What is an injection? Q6: What is a leakage? Q7: Which of the following is true in Q8: What is the distinction between money and Q10: All of the following,except one,are injections.Which is Q11: What is income received within the circular Q12: Which of the following are the earnings
A)Any spending that is
A)Income received within the
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