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Author Question: In the circular flow model, households A) spend earnings from resource sales on goods and ... (Read 123 times)

kellyjaisingh

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on: Jun 29, 2018
In the circular flow model, households
 
  A) spend earnings from resource sales on goods and services in the product market.
  B) and firms spend earnings from resource sales on goods and services in the factor market.
  C) sell goods and services in the input market.
  D) hire resources sold by firms in the factor market.

Question 2

If inflation falls from 11 to 5, there is deflation.
 
  Indicate whether the statement is true or false


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stano32

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


kellyjaisingh

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

JCABRERA33

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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