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Figure 2-2 -Refer to Figure 2-2.If Households Are Buyers in the Markets

Question 111

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Figure 2-2 Figure 2-2   -Refer to Figure 2-2.If households are buyers in the markets represented by Box C of this circular-flow diagram,then A) Box C must represent the markets for the factors of production. B) Box D must represent the markets for goods and services. C) firms are sellers in the markets represented by Box C. D) All of the above are correct.
-Refer to Figure 2-2.If households are buyers in the markets represented by Box C of this circular-flow diagram,then


A) Box C must represent the markets for the factors of production.
B) Box D must represent the markets for goods and services.
C) firms are sellers in the markets represented by Box C.
D) All of the above are correct.

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