Solved

The Underlying Principle of the Circular Flow Diagram Is That

Question 72

Multiple Choice

The underlying principle of the circular flow diagram is that the flows of money into each sector or market in the economy are _____ those coming out of the sector or market.


A) greater than
B) greater than.
C) less than
D) less than.
E) equal to
F) equal to.
G) not enough information to solve this problem
H) not enough information to solve this problem.

Correct Answer:

verifed

Verified

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

Related Questions

Q67: In 2004, Canada's GDP was approximately $1.13

Q68: (Table: Lemonade and Cookies) Use Table:

Q69: (Table: Peanut Butter and Jelly Economy)

Q70: (Table: Per Capita GDP) Use Table:

Q71: Consider the data shown in the

Q73: When your household buys goods and services,

Q74: (Table: Peanut Butter and Jelly Economy)

Q75: The topics studied in macroeconomics include:<br>A)inflation.<br>B)inflation<br>C)unemployment<br>D)unemployment.<br>E)economic growth<br>F)economic

Q76: Consider the following graphs, which are discussed

Q77: (Table: Smartwatch GDP in Singapore). Use