What are the four sectors in a more complex circular-flow diagram?
A) households, government, financial markets, and international trade
B) households, firms, government, and financial markets
C) households, firms, financial markets, and international trade
D) households, firms, government, and international trade

Question

Quizplus · Accepted Answer

In a more complex circular-flow diagram, the four sectors include households, firms, government, and international trade. These sectors interact with each other in various ways, such as through the exchange of goods, services, and money, reflecting a more comprehensive view of an economy's operations.

What Are the Four Sectors in a More Complex Circular-Flow