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Author Question: Refer to Figure 2-11. In the circular flow diagram, who are economic agents A and who are economic ... (Read 76 times)

Destiiny22

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on: Jun 29, 2018
Refer to Figure 2-11. In the circular flow diagram, who are economic agents A and who are economic agents B?
 
  A) A = households; B = firms B) A= firms; B = product markets
  C) A = firms; B = households D) A = households; B = factor markets

Question 2

Potential GDP in the United States
 
  A) declines over time. B) changes over a given business cycle.
  C) does not change over time. D) grows as the economy grows.


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bbburns21

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Destiiny22

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

covalentbond

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Reply 3 on: Yesterday
:D TYSM

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