In the circular flow model, businesses
A) own resources.
B) hire resources.
C) provide public services.
D) receive revenue from the government.
E) sell capital goods in the financial market.
Correct Answer:
Verified
Q71: The factors of production owned by households
Q72: The U.S. federal government had a budget
Q73: A budget surplus is
A) the excess that
Q74: The circular flow model
A) describes microeconomic activity
Q75: The resource market does not incorporate the
Q77: The circular flow model
A) shows the flow
Q78: _ in all circular flow diagrams.
A) Foreign
Q79: The circular flow of income model shows
Q80: Financial intermediaries are best described as
A) institutions
Q81: Figure 9.1
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