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Author Question: shows the circular flow of income.FIGURE 1-8Refer to Figure 1-8. In the circular flow of ... (Read 338 times)

knightj

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on: Oct 12, 2022

Question 1

In the Canadian economy, most decisions regarding resource allocation are made by
◦ business firms only.
◦ consumers and producers interacting in the price system.
◦ the various levels of government.
◦ legal contract.
◦ negotiation between unions and firms.

Question 2

Figure 1-8 shows the circular flow of income.



FIGURE 1-8

Refer to Figure 1-8. In the circular flow of income (A) represents ________; (B) represents ________.


◦ consumers; producers
◦ producers; government
◦ consumers; government
◦ government; consumers
◦ producers; consumers
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by knightj on Oct 12, 2022

Burly

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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knightj

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Reply 2 on: Oct 12, 2022
Excellent

6ana001

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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