In terms of the circular ﬂow diagram, businesses obtain revenue through the _____ market and make expenditures in the _____ market.
A) product; ﬁnancial
B) resource; product
C) product; resource
D) capital; product

Question

Quizplus · Accepted Answer

Businesses obtain revenue by selling their products or services in the product market, and they make expenditures by purchasing resources from the resource market.

In Terms of the Circular ﬂOw Diagram, Businesses Obtain Revenue