Refer to the diagram.Arrows (1) and (2) represent:
A) goods and resources respectively.
B) money incomes and output respectively.
C) output and money incomes respectively.
D) resources and goods respectively.
Correct Answer:
Verified
Q101: Which of the following economic systems are
Q104: In the circular flow diagram, cost and
Q105: The residual claimant(s) is(are):
A)the employees.
B)the creditors.
C)the owners.
D)the
Q106: Freedom of enterprise is defined as:
A)the freedom
Q107: Q109: Q110: Labour, land, and capital are examples of: Q111: In terms of the circular flow diagram Q112: Freedom of choice enables: Q115: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)factors
A)entrepreneurs to procure and