Multiple Choice
Which statement best characterizes the money held by households in the circular-flow diagram?
A) It is earned from the sale of factors of production.
B) It becomes profit to firms.
C) It originates mainly from international trade.
D) It is used to purchase factors of production.
Correct Answer:

Verified
Correct Answer:
Verified
Q78: Figure 2-10 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 2-10
Q79: When studying the effects of public policy
Q80: Figure 2-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 2-3
Q81: In the circular-flow diagram, which flows are
Q82: How did John Maynard Keynes refer to
Q84: What two broad subfields is the field
Q85: When a production possibilities frontier shifts outward,
Q86: Figure 2-11 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 2-11
Q87: Who designs tax policy?<br>A) Ministry of Finance<br>B)
Q88: Figure 2-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 2-9