Multiple Choice
The two basic markets shown by the simple circular flow model are:
A) capital goods and consumer goods.
B) free and controlled.
C) product and factor.
D) household and business.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q45: Specialization in production is economically beneficial primarily
Q46: The "invisible hand" refers to the many
Q47: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" On the basis
Q48: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q49: The process in which workers select specialized
Q51: _ helps avoid the problems posed by
Q52: The term "mixed economy" refers to an
Q53: The most efficient combination of resources in
Q54: Which of the following is not a
Q55: What to produce in a market economy