Author Question: Within the circular flow model, economists define households as A) married or engaged couples. ... (Read 34 times)

cherise1989 · **on:** Jun 30, 2018

Within the circular flow model, economists define households as

A) married or engaged couples.
B) families living in their own houses.
C) individuals or groups living together.
D) individuals or groups within the same legally defined family.
E) families with at least 2 children.

Question 2

Refer to Figure 18.3. After trade and specialization begin, the maximum amount of scooters that Livonia can consume is

A) 120. B) 100. C) 80. D) 40.