The circular flow shows that the household sector earns its income by
A) selling goods and services.
B) selling factors of production.
C) buying factors of production.
D) selling financial assets.
Correct Answer:
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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
Q28: In the circular flow model, consumption expenditures
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
Q34: Compared to the other sources of spending,
Q41: ![]()
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