Solved

- The Figure Above Shows Governments in the Circular Flow

Question 113

Multiple Choice

  - The figure above shows governments in the circular flow.  In the figure above, households A) pay taxes to governments through factor markets. B) receive transfers directly from governments. C) buy goods and services from governments in goods markets. D) receive transfers from governments through factor markets. E) sell factors of production to governments.
-
The figure above shows governments in the circular flow.

In the figure above, households


A) pay taxes to governments through factor markets.
B) receive transfers directly from governments.
C) buy goods and services from governments in goods markets.
D) receive transfers from governments through factor markets.
E) sell factors of production to governments.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents