Solved

Use the Following to Answer Questions

Question 154

Multiple Choice

Use the following to answer questions .
Exhibit: Circular Flow Model Use the following to answer questions . Exhibit: Circular Flow Model   -(Exhibit: Circular Flow Model)  The exhibit shows a simplified circular flow model where only consumption goods are being produced. The arrow marked  A  represents the flow of: A)  personal consumption expenditures. B)  consumer goods and services. C)  factors of production. D)  factor incomes.
-(Exhibit: Circular Flow Model) The exhibit shows a simplified circular flow model where only consumption goods are being produced. The arrow marked "A" represents the flow of:


A) personal consumption expenditures.
B) consumer goods and services.
C) factors of production.
D) factor incomes.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions