In the Canadian economy,the circular-flow diagram does NOT illustrate:
A) growing income inequality.
B) flows of money.
C) flows of goods and services.
D) the purchase and sale of factors of production.
Correct Answer:
Verified
Q2: In the circular-flow diagram, firms:
A) demand goods.
B)
Q7: In the factor markets:
A) households supply goods
Q8: In the circular-flow diagram,the places where resources,especially
Q8: In the circular-flow diagram, households:
A) supply goods.
B)
Q9: In the circular-flow diagram, an organization that
Q11: The national income and product accounts are
Q11: The national income and product accounts keep
Q13: The circular-flow diagram illustrates:
A) the minimum wage
Q14: In the circular-flow diagram, households:
A) supply goods.
B)
Q18: The circular-flow diagram is important because it
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