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Exhibit 1.1 -Refer to the Circular-Flow Model in Exhibit 1.1. If a Exhibit

Question 46

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Exhibit 1.1
Exhibit 1.1    -Refer to the circular-flow model in Exhibit 1.1. If A represents product markets, and D represents firms, then the flow from A to D is: A)  revenue. B)  expenditures. C)  labor, capital, and natural resources. D)  goods and services. E)  wages, interest, rent, and profit.
-Refer to the circular-flow model in Exhibit 1.1. If A represents product markets, and D represents firms, then the flow from A to D is:


A) revenue.
B) expenditures.
C) labor, capital, and natural resources.
D) goods and services.
E) wages, interest, rent, and profit.

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