Multiple Choice
Figure 2-2 
-Refer to Figure 2-2.Boxes C and D of this circular-flow diagram represent
A) households and government.
B) firms and government.
C) the markets for goods and services and the markets for financial assets.
D) the markets for goods and services and the markets for factors of production.
Correct Answer:
Verified
Correct Answer:
Verified
Q220: The scientific method is<br>A)the use of modern
Q221: Efficiency is illustrated by<br>A)both the production possibilities
Q222: Figure 2-10<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-10
Q223: In the circular-flow diagram,which of the following
Q224: In the circular-flow diagram,<br>A)factors of production flow
Q226: If an economy is producing efficiently,then<br>A)there is
Q227: Which of the following statements about the
Q228: Figure 2-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-1
Q229: Figure 2-9<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-9
Q230: Figure 2-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-6