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Author Question: In the four-sector circular flow model, households will use their incomes to do all but which one of ... (Read 72 times)

dejastew

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on: Jun 30, 2018
In the four-sector circular flow model, households will use their incomes to do all but which one of the following?
 a. Save.
  b. Pay taxes.
  c. Buy domestic goods and services.
  d. Buy imported goods and services.
  e. Invest.

Question 2

Which one of the following statements is true?
 a. Resources flow from the government to firms.
  b. Taxes flow from foreign economies to the government.
  c. Goods and services flow from households to foreign economies.
  d. Resources flow from households to firms.
  e. Resource payments flow from households to the government.


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Hdosisshsbshs

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Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

d


dejastew

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

T4T

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Reply 3 on: Yesterday
:D TYSM

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