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In the Circular Flow Model, Producers

Question 206

Multiple Choice
In the circular flow model, producers A)sell goods and services in the input market. B)and households spend earnings from resource sales on goods and services in the factor market. C)hire resources sold by households in the factor market. D)spend earnings from resource sales on goods and services in the product market.

In the circular flow model, producers


A) sell goods and services in the input market.
B) and households spend earnings from resource sales on goods and services in the factor market.
C) hire resources sold by households in the factor market.
D) spend earnings from resource sales on goods and services in the product market.

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