Consider the household sector. According to the circular flow model, firms:
A) only demand from this market
B) both supply to and demand from this market
C) neither supply to nor demand from this market
D) only supply to this market
Correct Answer:
Verified
Q1: Which of the following is NOT one
Q2: Which of the following statements is FALSE?
A)
Q3: When injections exceed withdrawals, total output will:
A)
Q4: Which of the following is likely to
Q6: To distinguish between nominal and real figures
Q7: The labour force is the:
A) number of
Q8: The period in the business cycle from
Q9: Which of the following is not regarded
Q10: Potential economic growth is:
A) the percentage annual
Q11: A household that spends less than it
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