Multiple Choice
In the simple circular-flow diagram, in which market are firms sellers?
A) the goods and services market
B) the factors of production market
C) both the factors of production market and the goods and services market
D) neither the factors of production market nor the goods and services market
Correct Answer:

Verified
Correct Answer:
Verified
Q6: What does evaluating a positive statement involve?<br>A)
Q7: Figure 2-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 2-9
Q8: Which statement best describes the way economists
Q9: What would a macroeconomist NOT study?<br>A) the
Q10: What do economists at the Canadian International
Q12: Figure 2-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 2-6
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Q14: Figure 2-5 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 2-5
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Q16: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt=" -Refer to Table