Based on the circular flow model, money flows from households to businesses in:
A) factor markets.
B) product markets.
C) neither factor nor product markets.
D) both factor and product markets.
Correct Answer:
Verified
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
Q15: The lower portion of the circular flow
Q16: The lower portion of the circular flow
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
Q21: The largest component of GDP is:
A) personal
Q22: If you buy a book of U.S.
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