The lower portion of the circular flow model contains factor markets in which households receive:
A) output of all final goods and services produced.
B) savings, spending, and investment.
C) goods and services.
D) wages, rents, interest, and profits.
Correct Answer:
Verified
Q10: Which of the following market transactions of
Q11: Economic values that are measured in units
Q12: Gross domestic product (GDP) includes:
A) intermediate as
Q13: Activities that are directly included in GDP
Q14: Which of the following expenditures would not
Q16: The lower portion of the circular flow
Q17: Based on the circular flow model, money
Q18: Which of the following activities would be
Q19: Intermediate goods are goods and services used:
A)
Q20: Which of the following is an example
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