
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 25
In the circular flow model, which of the following is true ?
A) Household spending flows through the factor markets.
B) Household spending flows back to households.
C) Household spending flows through product markets.
D) Dollar payments for factors of production flow to households.
A) Household spending flows through the factor markets.
B) Household spending flows back to households.
C) Household spending flows through product markets.
D) Dollar payments for factors of production flow to households.
Explanation
The firms supply the goods and services ...
Economics for Today 9th Edition by Irvin Tucker
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