The figure above shows governments in the circular flow.
-In the figure above,which of the following is true?
i.Governments coordinate economic activities of households and firms.
ii.Governments buy goods and services in goods markets.
iii.Households pay taxes directly to firms.
A) Only ii
B) Only i
C) Only iii
D) i and ii
E) ii and iii
Correct Answer:
Verified
Q173: Margo orders a MacBook Pro computer from
Q179: Q180: Q181: What is meant by the term "human Q184: It is conventional to divide the nation's Q186: Explain the difference between consumption and capital Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents![]()
![]()