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Which of the Following Statements About a Circular Flow Model

Question 204

Multiple Choice
Which of the following statements about a circular flow model is false? A)Producers are buyers in the factor market and sellers in the product market. B)Households are neither buyers nor sellers in the input market. C)Producers are buyers in the factor market. D)Households are buyers in the product market.

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


A) Producers are buyers in the factor market and sellers in the product market.
B) Households are neither buyers nor sellers in the input market.
C) Producers are buyers in the factor market.
D) Households are buyers in the product market.

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