The circular flow shows that the household sector earns its income by
A) selling factors of production.
B) selling financial assets.
C) buying factors of production.
D) selling goods and services.
Correct Answer:
Verified
Q97: Q98: Net investment equals Q99: Compared to the other sources of spending, Q100: An indirect tax is exemplified by Q101: The income approach to measuring GDP Q103: A common definition of a recession is Q104: Which of the following expressions equals GDP? Q105: The circular flow diagram shows that Q106: To measure GDP using the expenditure approach Q107: If consumption expenditures are $500 million, net
A)gross investment/depreciation.
B)capital stock minus depreciation.
C)the
A)a subsidy.
B)a
A)sums the
A)Compensation
A)the total
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