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    Exam 3: Scarcity, Trade-Offs, and Production Possibilities
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    ​Exhibit 3-2 -Refer to Exhibit 3-2. in the Circular Flow Diagram, Goods
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​Exhibit 3-2 -Refer to Exhibit 3-2. in the Circular Flow Diagram, Goods

Question 5

Question 5

Multiple Choice

​Exhibit 3-2 ​Exhibit 3-2   -Refer to Exhibit 3-2. In the circular flow diagram, goods and services: A) ​flow in a clockwise direction. B) ​flow in a counterclockwise direction. C) ​are sold by businesses in the factor market. D) ​none of the above
-Refer to Exhibit 3-2. In the circular flow diagram, goods and services:


A) ​flow in a clockwise direction.
B) ​flow in a counterclockwise direction.
C) ​are sold by businesses in the factor market.
D) ​none of the above

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