Author Question: The lower portion of the circular flow model contains factor markets in which households provide: ... (Read 81 times)

Ebrown · **on:** Jun 30, 2018

The lower portion of the circular flow model contains factor markets in which households provide:
a. output of all final goods and services produced.
b. savings, spending, and investment.
c. labor, money, and machines.
d. none of these.

Question 2

The circular flow model represents the establishment of market value for:
a. goods and services.
b. wages and salaries.
c. profits and rents.
d. all of these.