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    ECON MACRO
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    Exam 1: The Art and Science of Economic Analysis.
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    Exhibit 1.1 -Refer to the Circular-Flow Model in Exhibit 1.1. If Box
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Exhibit 1.1 -Refer to the Circular-Flow Model in Exhibit 1.1. If Box

Question 177

Question 177

Multiple Choice

Exhibit 1.1
Exhibit 1.1    -Refer to the circular-flow model in Exhibit 1.1. If box C represents households, then box D represents: A)  firms. B)  resource markets. C)  households. D)  product markets. E)  expenditures.
-Refer to the circular-flow model in Exhibit 1.1. If box C represents households, then box D represents:


A) firms.
B) resource markets.
C) households.
D) product markets.
E) expenditures.

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