Multiple Choice
In the circular flow model, households earn their incomes in the:
A) Resource markets
B) Product markets
C) Capitalist markets
D) Money markets
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q21: In a market system, the income earned
Q67: Which of the following is the main
Q128: Anything that is generally acceptable in trading
Q131: "For whom is a given mix of
Q132: The money income of households consists of
Q134: Suppose a firm can produce 70 units
Q135: The use of money for exchange and
Q136: Laissez-faire capitalism is characterized by:<br>A) Very limited
Q138: The economies of North Korea and Cuba
Q241: Which of the following best describes the