This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the circular flow model, households A) spend earnings from resource sales on goods and ... (Read 121 times)

kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stano32

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


kellyjaisingh

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Wow, this really help

gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Transurethral resection of the prostate (TURP). As a treatment for BPH, part of the prostate gland i Transurethral resection of the prostate (TURP). As a treatment for BPH, part of the prostate gland i
Model for control of cytoplasmic polyadenylation and translation initiation Model for control of cytoplasmic polyadenylation and translation initiation
Concentric double-pipe heat exchanger for co-current flow Concentric double-pipe heat exchanger for co-current flow
The Meselson–Radding model for homologous recombination The Meselson–Radding model for homologous recombination
The operon model, as proposed in 1961 by Jacob and Monod The operon model, as proposed in 1961 by Jacob and Monod
The flow of energy and the cycling of materials maintain nature’s organization The flow of energy and the cycling of materials maintain nature’s organization
Video: Glucose anabolism reactions: Glycogenolysis and Gluconeogenesis

For a complete list of videos, visit our video library