Which of the following are represented by the same flow in the circular flow model?
A) the flow of goods and the flow of factors of production
B) the flow of costs and the flow of revenue
C) the flow of income earned from the sale of resources and the flow of expenditures on goods and services
D) the flow of income received by households and the flow of tax revenues paid by firms
Correct Answer:
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Q185: Published in 1776,_ was written by Adam
Q186: Firms
A)have no influence on the circular flow
Q187: Figure 2-10 Q188: When you purchase a new surfboard you Q189: A worker is hired in a Q191: Which of the following is a factor Q192: Households Q193: All of the following are examples of Q194: Which of the following is not a Q195: If a vineyard wants to raise funds
A)goods and
A)purchase final goods and services in the
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