Multiple Choice
The figure above shows the circular flow model.
-In the figure above,which of the following transactions take place in the factor markets?
i.Michael,a student,orders a computer from Dell online.
ii.Peter gets a job at a Wal-Mart store.
iii.Apple Computer opens a new store in Georgia
A) ii and iii
B) only i
C) only ii
D) only iii
E) i and ii
Correct Answer:
Verified
Correct Answer:
Verified
Q44: Households receive transfers from _ and firms
Q45: State and local governments spend about _
Q46: As the circular flow model shows,the factors
Q47: In the circular flow model,the factor markets
Q48: How are the roles of the household
Q50: Which of the following has been the
Q51: Which of the following transactions takes place
Q52: Which of the following is NOT shown
Q53: State and local governments finance expenditures mainly
Q54: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" The figure