Figure 2-2

-Refer to Figure 2-2.The figure represents a circular-flow diagram.If households are sellers in the markets represented by Box D,then
A) Box D must represent the markets for factors of production.
B) Box C must represent the markets for goods and services.
C) firms are buyers in the markets represented by Box D.
D) All of the above are correct.
Correct Answer:
Verified
Q75: Figure 2-1 Q77: Figure 2-2 Q78: Figure 2-2 Q81: Figure 2-3 Q82: Suppose a nation is currently producing at Q83: An economic outcome is said to be Q84: In the markets for factors of production, Q85: The amount by which firms' sales revenue Q103: Figure 2-1 Q108: Figure 2-1 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
![]()
![]()
![]()
![]()
A)households![]()
![]()