The circular flow diagram illustrates the expenditures made by
A) households only.
B) households and firms only.
C) households and investors only.
D) firms, households, and governments only.
E) households, firms, governments, and the rest of the world.
Correct Answer:
Verified
Q1: One of the reasons why real GDP
Q2: Which one of the following is true?
A)Y
Q5: Gross domestic product is
A)the final value of
Q6: Which of the following statements is true?
A)Final
Q7: Which one of the following is false?
A)Y
Q8: Which of the following is not correct?
A)Investment
Q9: Of the following items, which one would
Q10: Which of the following would be an
Q11: Complete the following sentence. Net exports equals
A)exports
Q13: Which one of the following flows from
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