In the circular-flow diagram:
A) firms are sellers in the resource market and the product market
B) households are sellers in the resource market
C) firms are buyers in the product market
D) spending on goods and services flow from firms to households
Correct Answer:
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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: Q68: In a circular-flow diagram: Q70: Which of the following is the most Q71: The production possibilities frontier is a: 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)households sell goods and
A)graph that
