Solved

Which of the Following Is a Flow in the Circular

Question 238

Multiple Choice

Which of the following is a flow in the circular flow model?


A) the flow of goods and services from households to firms
B) the flow of profit and the flow of revenue
C) the flow of income earned by firms and the flow of expenditures earned by households
D) the flow of revenue received by firms and the flow of payments to resource owners

Correct Answer:

verifed

Verified

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

Related Questions

Q233: Stricter laws and regulations to protect intellectual

Q234: Any output combination outside a production possibilities

Q235: Figure 2-1<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-1

Q236: Which of the following statements about an

Q237: Adam Smith's behavioral assumption about humans was

Q239: In a production possibilities frontier, a point

Q240: When you purchase a new set of

Q241: Figure 2-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-5

Q242: Figure 2-10<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-10

Q243: Figure 2-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-4