Solved

Figure 2-12 -Refer to Figure 2-12.One Segment of the Circular Flow Diagram

Question 226

Multiple Choice

Figure 2-12 Figure 2-12   -Refer to Figure 2-12.One segment of the circular flow diagram in the Figure shows the flow of funds from market F to economic agents G.The funds represent spending on goods and services.What is market F and who are economic agents G? A) F = factor markets; G = households B) F = product markets; G = households C) F = factor markets; G = firms D) F = product markets; G = firms
-Refer to Figure 2-12.One segment of the circular flow diagram in the Figure shows the flow of funds from market F to economic agents G.The funds represent spending on goods and services.What is market F and who are economic agents G?


A) F = factor markets; G = households
B) F = product markets; G = households
C) F = factor markets; G = firms
D) F = product markets; G = firms

Correct Answer:

verifed

Verified

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

Related Questions