Multiple Choice
Figure 2-12
-Refer to Figure 2-12.One segment of the circular flow diagram in the figure shows the flow of goods and services from market C to economic agents A.What is market C and who are economic agents A?
A) C = factor markets; A = households
B) C = product markets; A = households
C) C = factor markets; A = firms
D) C= product markets; A = firms
Correct Answer:

Verified
Correct Answer:
Verified
Q42: Which of the following are separate flows
Q43: Figure 2-7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-7
Q44: Figure 2-10<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-10
Q45: Figure 2-11<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-11
Q46: Households _ final goods and services in
Q48: Any output combination along a production possibilities
Q49: Figure 2-10<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 2-10
Q50: Suppose there is no unemployment in the
Q51: In the circular flow model, producers<br>A)sell goods
Q52: If additional units of a good could