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Author Question: In the circular flow model, households A) spend earnings from resource sales on goods and ... (Read 107 times)

kellyjaisingh

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on: Jun 29, 2018
In the circular flow model, households
 
  A) spend earnings from resource sales on goods and services in the product market.
  B) and firms spend earnings from resource sales on goods and services in the factor market.
  C) sell goods and services in the input market.
  D) hire resources sold by firms in the factor market.

Question 2

If inflation falls from 11 to 5, there is deflation.
 
  Indicate whether the statement is true or false


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stano32

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

A

Answer to Question 2

FALSE


kellyjaisingh

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

DylanD1323

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

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