Figure 2-9

-Refer to Figure 2-9.One segment of the circular flow diagram in the figure shows the flow of goods and services from market C to economic agents A.What is market C and who are economic agents A?

Question

Figure 2-9
 
-Refer to Figure 2-9.One segment of the circular flow diagram in the figure shows the flow of goods and services from market C to economic agents A.What is market C and who are economic agents A?

Quizplus · Accepted Answer

Market C represents the product markets where goods and services are exchanged, while economic agents A represent households who purchase these goods and services. Therefore, the correct choice is B, where C represents product markets and A represents households.

Figure 2-9 -Refer to Figure 2-9.One Segment of the Circular Flow Diagram