Multiple Choice
The figure above shows governments in the circular flow.
-In the figure above,which of the following is true?
i.Governments coordinate economic activities of households and firms.
ii.Governments buy goods and services in goods markets.
iii.Households pay taxes directly to firms.
A) only ii
B) only i
C) only iii
D) i and ii
E) ii and iii
Correct Answer:

Verified
Correct Answer:
Verified
Q159: Wages are paid to _ and interest
Q160: Which of the following is NOT considered
Q161: In the circular flow model,there are two
Q162: Compare and contrast the world population with
Q163: What is a market? Must a market
Q165: The two biggest items of the U.S.federal
Q166: The personal distribution of income in the
Q167: In the goods market,firms _ and households
Q168: The charitable organization Creating Hope International trains
Q169: Compared to the world,the rate of U.S.population