Which of the following is an examples of spending on factors of production in the circular flow model?
A) Orson buys a package of beef jerky at a convenience store.
B) Bernadette gets a manicure and pedicure before attending her parents' anniversary party.
C) Landon pays $100 for a season pass to a water park.
D) The "Suds Bucket" car wash buys new squeegees for all its employees.
Correct Answer:
Verified
Q185: Published in 1776,_ was written by Adam
Q186: Firms
A)have no influence on the circular flow
Q189: A worker is hired in a
A)goods and
Q195: If a vineyard wants to raise funds
Q197: Which of the following statements is true
Q206: Adam Smith's _ refers to the process
Q209: _ behavioral assumption about humans was that
Q211: A guild is
A)a group of independent producers
Q223: Stricter laws and regulations to protect intellectual
Q230: An example of a factor of production
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