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

Question 77

Multiple Choice

Figure 2-2
Figure 2-2 -Refer to Figure 2-2.The figure represents a circular-flow diagram.If the outer loop represents flows of dollars,then the inner loop includes A) flows of goods and services, of which households are sellers. B) flows of inputs, of which firms are buyers. C) flows of rent payments paid to owners of land. D) flows of wages and salaries paid to workers.
-Refer to Figure 2-2.The figure represents a circular-flow diagram.If the outer loop represents flows of dollars,then the inner loop includes


A) flows of goods and services, of which households are sellers.
B) flows of inputs, of which firms are buyers.
C) flows of rent payments paid to owners of land.
D) flows of wages and salaries paid to workers.

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