-Refer to the above figure. The top two arrows of the figure refer to the product markets. The bottom arrows refer to the factor markets. Which arrow represents the total monetary value of all goods and services?
A) Arrow A
B) Arrow B
C) Arrow C
D) Arrow D

Question

-Refer to the above figure. The top two arrows of the figure refer to the product markets. The bottom arrows refer to the factor markets. Which arrow represents the total monetary value of all goods and services?
A) Arrow A 
B) Arrow B 
C) Arrow C 
D) Arrow D

Quizplus · Accepted Answer

Arrow A represents the total monetary value of all goods and services, as it typically indicates the flow of money from households to firms in exchange for goods and services in the product markets.

-Refer to the Above Figure