In the circular flow model:
A) resources go from businesses to households in input markets.
B) income flows to households from businesses in output markets.
C) households are buyers and businesses are sellers in input markets.
D) businesses are sellers and households are buyers in output markets.
Correct Answer:
Verified
Q31: In a circular flow model of a
Q32: Which of the following transactions would occur
Q33: Which of the following transactions would occur
Q34: In input markets:
A) all factors except entrepreneurship
Q35: In output markets:
A) households are buyers and
Q37: According to the circular flow model, money
Q38: According to the circular flow model, money
Q39: According to the circular flow model, money
Q40: According to the circular flow model, money
Q41: According to the circular flow model, land,
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