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Which of the Following Statements About the Circular Flow Model

Question 2

Multiple Choice
Which of the following statements about the circular flow model is false?
A)Consumers earn income by selling resources they own to businesses.
B)Businesses supply goods and services to the household sector.
C)Households supply resources to the business sector.
D)Business firms buy goods and services from the household sector.

Which of the following statements about the circular flow model is false?


A) Consumers earn income by selling resources they own to businesses.
B) Businesses supply goods and services to the household sector.
C) Households supply resources to the business sector.
D) Business firms buy goods and services from the household sector.

Correct Answer:

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