This topic contains a solution. Click here to go to the answer

Author Question: The lower portion of the circular flow model contains factor markets in which households provide: ... (Read 40 times)

Ebrown

  • Hero Member
  • *****
  • Posts: 567
The lower portion of the circular flow model contains factor markets in which households provide:
 a. output of all final goods and services produced.
  b. savings, spending, and investment.
  c. labor, money, and machines.
  d. none of these.

Question 2

The circular flow model represents the establishment of market value for:
 a. goods and services.
  b. wages and salaries.
  c. profits and rents.
  d. all of these.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scikid

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

d

Answer to Question 2

d




Ebrown

  • Member
  • Posts: 567
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library