Which of the following is NOT shown explicitly in the circular flow model?
A) the governments' purchases in the goods market
B) the taxes the governments collect from households
C) the governments' interaction with firms
D) the transfers the governments make to households
E) the legal system
Correct Answer:
Verified
Q3: Approximately-------------------- people live in the United States
Q4: The percentage of the world's population that
Q5: The Colorado Ski Shop sold 60 ski
Q6: Which of the following is true?
I. The
Q7: Which of the following is NOT a
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
Q13: In the circular flow model,
A)only firms sell
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