Multiple Choice
Which of the following is FALSE about the circular-flow diagram?
A) Households are the primary demanders of goods and services.
B) Firms are the primary suppliers of goods and services.
C) Money flows from households to firms as households offer factors of production for sale.
D) Money flows in the direction opposite to goods and services and factors of production.
Correct Answer:
Verified
Correct Answer:
Verified
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