Multiple Choice
What are the two basic markets in the simple circular-flow model?
A) the product market and the resource market
B) the export market and the product market
C) the export market and the import market
D) the household market and the business market
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q80: Which of the following would NOT increase
Q81: Which of the following is a leakage
Q82: Which of the following would NOT be
Q83: Which of the following expenditures is NOT
Q84: What type of goods and services does
Q86: How does net domestic product (NDP) differ
Q87: What is the price index in the
Q88: Suppose real GDP for the base year
Q89: What is the largest component of aggregate
Q90: What does the GDP price index in