Multiple Choice
In the simple-circular flow diagram, the flow of money from the firms to the markets for factors of production is called
A) spending.
B) revenue.
C) income.
D) wages, rent, and profit.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q84: When economists are trying to explain the
Q85: The slope of an upward-sloping line is
Q86: Is the following a positive or normative
Q87: The slope of a line is the
Q88: Points inside the production possibilities frontier represent
Q90: Figure 2-11<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7555/.jpg" alt="Figure 2-11
Q91: Which of the following is correct?<br>A)The slope
Q92: The inner loop of the circular-flow diagram
Q93: The point where both x and y
Q94: "The US should not restrict employers from