menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 22
  4. Exam
    Exam 2: The Market System and the Circular Flow
  5. Question
    -Refer to the Circular Flow Model of the Economy
Solved

-Refer to the Circular Flow Model of the Economy

Question 3

Question 3

Multiple Choice

  -Refer to the circular flow model of the economy.In the diagram flow (3) represents: A)  wage,rent,interest,and profit income. B)  land,labour,capital,and entrepreneurial ability. C)  goods and services. D)  consumer expenditures.
-Refer to the circular flow model of the economy.In the diagram flow (3) represents:


A) wage,rent,interest,and profit income.
B) land,labour,capital,and entrepreneurial ability.
C) goods and services.
D) consumer expenditures.

Correct Answer:

verifed

Verified

Related Questions

Q4: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2474/.jpg" alt=" -Refer to the

Q19: Government alters the distribution of income by

Q38: Property rights do not encourage people to

Q41: The most important consequence of property rights

Q46: The "invisible hand" refers to the many

Q49: The process in which workers select specialized

Q53: The most efficient combination of resources in

Q68: Competition is more likely to exist when:<br>A)there

Q79: Which of the following is unique to

Q84: The market system is an economic system

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines