Author Question: Refer to Figure 2-17. One segment of the circular flow diagram in the Figure shows the flow of funds ... (Read 284 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
Refer to Figure 2-17. One segment of the circular flow diagram in the Figure shows the flow of funds from market F to economic agents G. The funds represent spending on goods and services. What is market F and who are economic agents G?
 
  A) F = factor markets; G = households B) F = factor markets; G = firms
  C) F = product markets; G = firms D) F = product markets; G = households

Question 2

Refer to Figure 9-2. Without the tariff in place, the United States consumes
 
  A) 9 million pounds of rice. B) 15 million pounds of rice.
  C) 31 million pounds of rice. D) 42 million pounds of rice.



bigcheese9

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

For a complete list of videos, visit our video library