Multiple Choice
Refer to the diagram. Arrows (3) and (4) represent
A) goods and services, respectively.
B) incomes and consumer expenditures, respectively.
C) resources and goods, respectively.
D) consumer expenditures and income, respectively.
Correct Answer:

Verified
Correct Answer:
Verified
Q137: In a market system, more resources will
Q138: With specialization in a market economy, individual<br>A)
Q139: In a command system,<br>A) self-interest motivates and
Q140: Which of the following is not a
Q141: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8601/.jpg" alt=" Refer to the
Q143: The French term "laissez-faire" means<br>A) "there is
Q144: Economic profits in an industry suggest the
Q145: The invisible hand promotes society's interests because<br>A)
Q146: (Consider This) South Korea has always been
Q147: Specialization-the division of labor-enhances productivity and efficiency