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    Exam 2: Trade-Offs, Comparative Advantage, and the Market System
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    Figure 2-17 -Refer to Figure 2-17. in the Circular Flow Diagram, Who
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Figure 2-17 -Refer to Figure 2-17. in the Circular Flow Diagram, Who

Question 256

Question 256

Multiple Choice

Figure 2-17 Figure 2-17   -Refer to Figure 2-17. In the circular flow diagram, who are economic agents A and who are economic agents B? A)  A = firms; B = households B)  A = households; B = firms C)  A = households; B = factor markets D)  A= firms; B = product markets
-Refer to Figure 2-17. In the circular flow diagram, who are economic agents A and who are economic agents B?


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

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