The circular flow model shows that:
a. households are on the demand side of the resource market.
b. firms are on the demand side of both the product and resource markets.
c. households are on the supply side of the resource market and the demand side of the product market.
d. firms and governments are on the supply side of the loanable funds market.
e. governments are on the demand side of the product market and the supply side of the resource market.
Question 2
A union can influence the equilibrium wage rate by:
a. collective bargaining.
b. featherbedding.
c. lobbying for legislation to reduce immigration.
d. all of these.
This image shows growing blood vessels in the retina of a mouse
The Far Side of the Moon
This lithograph of the New York draft riots, 1863, shows that although the rioters mainly targeted b
Venous return to the heart and blood flow to the lungs.
Circular friction around the ankle with the fingertips. Applying pressure with the fingertips, move ...
The Solow Model Incorporating Population Growth