In the circular flow model, who is a seller in the factor markets and a buyer in the product markets?
A) Businesses.
B) Transnational corporations.
C) Foreign producers who export final goods and services into the U.S.
D) Households.
Correct Answer:
Verified
Q7: The circular flow of economic activity is
Q45: In the circular flow model, money flows
Q46: In the circular flow model,
A) money flows
Q47: The circular flow model represents the establishment
Q48: The largest component of GDP is:
A) personal
Q49: In the circular flow model, which of
Q51: Which of the following would be classified
Q52: Gross domestic product is a measure of
Q54: The lower portion of the circular flow
Q55: The lower portion of the circular flow
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