A circular flow model shows the interrelationship between the-------------------- market and the--------------------
Markets.
A) expenditure; income
B) goods; factor
C) household; goods
D) household; factor
E) business; household
Correct Answer:
Verified
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Q70: One of the productive resources is capital.
Q71: The decisions of firms and households are
A)made
Q73: In the circular flow model, the expenditures
Q74: --------------------earned the highest amount of income among
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Q76: Which factor of production does human capital
Q77: Which factor of production is paid "profit"?
A)capital
B)entrepreneurship
C)human
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