What do the two loops in the circular-flow diagram represent?
A) the flow of goods and the flow of services
B) the flow of dollars and the flow of financial assets
C) the flow of inputs and outputs and the flow of dollars
D) the flow of capital goods and the flow of consumer goods
Correct Answer:
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Q47: Figure 2-1 Q49: Figure 2-1 Q51: What is another name for goods and Q52: In the simple circular-flow diagram, what do Q53: Figure 2-2 Q54: Which is true in the circular-flow diagram? Q57: Figure 2-2 Q58: In the goods and services market, how Q59: Which of the following would NOT be Q61: Figure 2-2 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![]()
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