Multiple Choice
The figure above shows the circular flow model.
-In the figure above,which of the following transactions take place in the factor markets?
i.Michael,a student,orders a computer from Dell online.
ii.Peter gets a job at a Wal-Mart store.
iii.Apple Computer opens a new store in Georgia.
A) ii and iii
B) Only i
C) Only ii
D) Only iii
E) i and ii
Correct Answer:
Verified
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