Solved

Circular Flow Model. -If Line 3 Represents the Flow of Income to Resource

Question 60

Multiple Choice

Circular flow model.
Circular flow model.    -If line 3 represents the flow of income to resource owners, then line 1 represents the flow of: A)  resources in input markets. B)  goods and services in output markets. C)  payments by households for goods and services. D)  none of the above.
-If line 3 represents the flow of income to resource owners, then line 1 represents the flow of:


A) resources in input markets.
B) goods and services in output markets.
C) payments by households for goods and services.
D) none of the above.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents