In the circular flow model, consumption expenditures are the spending by
A) government in financial markets.
B) households in the goods market.
C) firms for factors of production.
D) the rest of the world in the goods market.
Correct Answer:
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Q23: The circular flow model shows that consumer
Q24: In the circular flow of income
A) households
Q25: The circular flow of income shows that
A)
Q26: The circular flow diagram indicates that
A) firms
Q27: The factor market can best be described
Q29: The circular flow shows that the household
Q30: The circular flow diagram shows
A) how nominal
Q31: In the circular flow diagram, aggregate expenditure
Q32: In the circular flow model of an
Q41: 
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