Exhibit 1.1

-Refer to the circular-flow model in Exhibit 1.1. Box B represents:
A) firms.
B) resource markets.
C) households.
D) product markets.
E) expenditures.

Question

Exhibit 1.1
 
-Refer to the circular-flow model in Exhibit 1.1. Box B represents:
A) firms. 
B) resource markets. 
C) households. 
D) product markets. 
E) expenditures.

Quizplus · Accepted Answer

The Answer of Exhibit 1.1
 
-Refer to the circular-flow model in Exhibit 1.1. Box B represents:
A) firms. 
B) resource markets. 
C) households. 
D) product markets. 
E) expenditures.

Exhibit 1.1 -Refer to the Circular-Flow Model in Exhibit 1.1. Box B