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- Refer to the Above Figure

Question 1

Multiple Choice

- Refer to the above figure. If box D represents the product market and flow (6) represents consumption expenditures, then box C is: A) households, flow (7) is revenue, and flow (8) is goods and services. B) businesses, flow (7) is revenue, and flow (8) is goods and services. C) households, flow (7) is goods and services, and flow (8) is revenue. D) businesses, flow (7) is goods and services, and flow (8) is revenue.
- Refer to the above figure. If box D represents the product market and flow (6) represents consumption expenditures, then box C is:


A) households, flow (7) is revenue, and flow (8) is goods and services.
B) businesses, flow (7) is revenue, and flow (8) is goods and services.
C) households, flow (7) is goods and services, and flow (8) is revenue.
D) businesses, flow (7) is goods and services, and flow (8) is revenue.

Correct Answer:

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