Multiple Choice
Among economic models,the circular-flow diagram is unusual in that it
A) drastically simplifies the real world.
B) features more than one type of market.
C) features flows of dollars.
D) does not involve mathematics.
Correct Answer:
Verified
Correct Answer:
Verified
Q77: Another term for factors of production is<br>A)inputs.<br>B)output.<br>C)goods.<br>D)services.
Q91: Economic models<br>A)are people who act out the
Q93: Figure 2-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-2
Q94: In the circular-flow diagram,which of the following
Q95: Refer to Figure 2-13.Which of the following
Q97: Figure 2-10<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-10
Q98: Unemployment would cause an economy to<br>A)produce inside
Q99: In the circular-flow diagram,which of the following
Q100: Figure 2-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-1
Q101: Figure 2-9<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 2-9