In the circular flow model of the market system, business's major role is to
A) buy products and resources.
B) sell products and resources.
C) buy products and sell resources.
D) sell products and buy resources.
Correct Answer:
Verified
Q204: Which of the following is not a
Q249: The circular flow model illustrates
A)the importance of
Q250: According to the circular flow model, product
Q251: In a command economy like the old
Q252: In a market system, a firm's employees
Q253: Which of the following guides sensible decisions
Q255: In the circular flow model, households earn
Q257: The money income of households consists of
Q258: A characteristic of centrally planned economies is
Q259: Which of the following is true of
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