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Figure 2-2 -Refer to Figure 2-2.The Figure Represents a Circular-Flow Diagram.If Households

Question 63

Multiple Choice

Figure 2-2
Figure 2-2 -Refer to Figure 2-2.The figure represents a circular-flow diagram.If households are buyers in the markets represented by Box C,then A) Box C must represent the markets for the factors of production. B) Box D must represent the markets for goods and services. C) firms are sellers in the markets represented by Box C. D) All of the above are correct.
-Refer to Figure 2-2.The figure represents a circular-flow diagram.If households are buyers in the markets represented by Box C,then

A) Box C must represent the markets for the factors of production.
B) Box D must represent the markets for goods and services.
C) firms are sellers in the markets represented by Box C.
D) All of the above are correct.

Correct Answer: