-Refer to Figure 8-3.This figure is known as
A) the classical aggregate production function
B) the Keynesian aggregate production function
C) the full-employment model
D) the circular flow diagram
E) Say's diagram

Question

-Refer to Figure 8-3.This figure is known as
A) the classical aggregate production function 
B) the Keynesian aggregate production function 
C) the full-employment model 
D) the circular flow diagram 
E) Say's diagram

Quizplus · Accepted Answer

The circular flow diagram is a model that illustrates the flow of goods, services, and resources between different sectors of the economy, typically households and firms.

-Refer to Figure 8-3.This Figure Is Known as