Author Question: In the circular flow model, a. money flows from the firms to the households through the product ... (Read 113 times)

Redwolflake15 · **on:** Jun 30, 2018

In the circular flow model,
a. money flows from the firms to the households through the product market.
b. money flows from the households to the firms through the product market.
c. money flows from the households to the firms through the resource market.
d. money flows from the households to the firms through both the product market and the resource market.
e. resources flow to the households from the firms through the product market.

Question 2

Economic values that are measured in units per period of time are referred to as:
a. stocks.
b. flows.
c. unit values.
d. dollars.