The circular-flow diagram shows the flow of _____,the flow of _____,and the flow of_______.
A) goods and services;factors of production;and markets
B) households;firms;money
C) money;goods and services;factors of production.
D) factors of production;money;households.
Correct Answer:
Verified
Q192: Use the following to answer question:
Q193: Which statement is FALSE about the circular-flow
Q194: In the simplest circular-flow model,households supply _
Q195: The circular-flow diagram shows how:
A)banks receive deposits
Q196: The circular-flow diagram illustrates how households _
Q198: Assume that Colombia gives up three motorcycles
Q199: The circular-flow diagram represents the market for
Q200: The simplest circular-flow model shows the interaction
Q201: Businesses buy resources used to produce goods
Q202: Jim is being paid $7.25 an hour
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