In the circular flow model,
A) only firms sell in markets.
B) only households buy from markets.
C) the money used to buy goods and the goods themselves travel in the same direction.
D) some firms only sell and some firms only buy.
E) both firms and households buy or sell in different markets.
Correct Answer:
Verified
Q8: Which of the following is NOT shown
Q9: A real flow in the circular flow
Q10: The concept of human capital describes
A)the number
Q11: According to the functional distribution of income,
Q12: In the circular flow model, which of
Q14: The owners of the resource -------------------- are
Q15: The income earned by entrepreneurs is
A)profit or
Q16: --------------------is the human resource that organizes labor,
Q17: When the total U.S. production of goods
Q18: Which of the following is NOT classified
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