In the circular flow model, the factors of production flow in the
A) same direction as does the goods market.
B) opposite direction as do the rents, wages, interest, and profits.
C) opposite direction as does the government.
D) opposite direction as does the goods market.
E) same direction as do the rents, wages, interest, and profits.
Correct Answer:
Verified
Q122: State and local governments spend about-------------------- of
Q123: What would be an example of consumption
Q124: In the circular flow model, there are
Q125: The income paid to labor is called
A)profit.
B)human
Q126: The most people live in------------- economies and
Q128: What would be an example of consumption
Q129: Goods and services produced in the United
Q130: The largest component of federal government spending
Q131: In the circular flow model, which of
Q132: Of the following, the federal government's largest
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