The circular-flow diagram represents the market for _____ and the market for _____.
A) goods and services;factors of production
B) households;firms
C) money;goods and services
D) factors of production;money
Correct Answer:
Verified
Q194: In the simplest circular-flow model,households supply _
Q195: The circular-flow diagram shows how:
A)banks receive deposits
Q196: The circular-flow diagram illustrates how households _
Q197: The circular-flow diagram shows the flow of
Q198: Assume that Colombia gives up three motorcycles
Q200: The simplest circular-flow model shows the interaction
Q201: Businesses buy resources used to produce goods
Q202: Jim is being paid $7.25 an hour
Q203: Which of the following is sold in
Q204: In the circular-flow diagram,an individual or a
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