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    Macroeconomics Study Set 43
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    Exam 2: Part B: The Market System and the Circular Flow
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    Refer to the Circular Flow Model of the Economy
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Refer to the Circular Flow Model of the Economy

Question 109

Question 109

Multiple Choice

  Refer to the circular flow model of the economy.In the diagram flow (1)  represents: A) wage, rent, interest, and profit income. B) land, labour, capital, and entrepreneurial ability. C) goods and services. D) consumer expenditures. Refer to the circular flow model of the economy.In the diagram flow (1) represents:


A) wage, rent, interest, and profit income.
B) land, labour, capital, and entrepreneurial ability.
C) goods and services.
D) consumer expenditures.

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