Author Question: An example of a real flow in the circular flow diagram is A) a household's supply of work effort ... (Read 102 times)

appyboo · **on:** Jun 30, 2018

An example of a real flow in the circular flow diagram is

A) a household's supply of work effort at its new business.
B) Nike's payment of wages to workers in China.
C) your county's collection of property taxes.
D) the government's payment of wages to a soldier.
E) a teacher's salary at the local high school.

Question 2

Unemployment insurance typically replaces a worker's full earnings.

Indicate whether the statement is true or false