Multiple Choice
Which of the following is true within the circular flow of economic activity?
A) Households are buyers of products and sellers of production factors.
B) Business firms are buyers and sellers of production factors.
C) Households are sellers of products and buyers of production factors.
D) Business firms are buyers of products and sellers of production factors.
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Holding other expenditures constant, if imports fall
Q30: Childcare provided by a nanny is not
Q85: A microprocessor purchased by Dell is an
Q87: An economic recovery that produces too few
Q121: How do trends in bond interest rates
Q129: The national income and product accounts do
Q135: The primary purpose of the circular flow
Q136: In 2014, we could accurately say that
Q138: Which organization determines the beginning and end
Q174: It is possible for the unemployment rate