In a circular-flow diagram:
A) households sell goods and services to the factors of production
B) firms incur wages, rent and profit from households
C) the factors of production are bought by the firms and sold by households
D) firms sell goods and services as well as factors of production
Correct Answer:
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Q63: Which of the following is the most
Q64: Graph 2-2 Q65: The circular flow diagram illustrates the: Q66: Economists use models in order to: Q67: Economic models are generally constructed with: Q69: In the circular-flow diagram: Q70: Which of the following is the most Q71: The production possibilities frontier is a: Q72: Graph 2-2 Q73: Graph 2-2 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
A)flow of
A)develop insights
A)tubes and
A)firms are sellers in
A)graph that
