In the circular flow model,
A) goods and services are sold by households and purchased by firms.
B) the government buys goods and services from firms.
C) the government has no direct interaction with either households or firms.
D) the government is represented as a separate market.
E) factor markets are where goods rather than services are bought and sold.
Correct Answer:
Verified
Q91: Q92: Canada is classified by the International Monetary Q93: Over time, the percentage of total employment Q94: In the circular flow model, which of Q95: The productive resource that organizes labor, land, Q97: Of the following, the country with the Q98: --------economies include --------.![]()
A)Advanced; France, Australia and South
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