menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 45
  4. Exam
    Exam 2: The Market System and the Circular Flow
  5. Question
    In Terms of the Circular Flow Diagram, Businesses Obtain Revenue
Solved

In Terms of the Circular Flow Diagram, Businesses Obtain Revenue

Question 223

Question 223

Multiple Choice

In terms of the circular flow diagram, businesses obtain revenue through the _____ market and make expenditures in the _____ market.


A) product; financial
B) resource; product
C) product; resource
D) capital; product

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q42: Why is the right of private property

Q48: Explain the importance of self-interest in the

Q184: Competition means that<br>A) sellers can manipulate market

Q187: Anything that is generally acceptable in trading

Q190: Property rights give the government the right

Q218: Specialization in production is economically beneficial primarily

Q219: In the circular flow diagram, households get

Q222: Payments that a firm makes to obtain

Q226: Which of the following is a fundamental

Q245: Adam Smith in his 1776 book the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines