Based on the circular flow model, money flows from households to ...

[armygirl]

Based on the circular flow model, money flows from households to businesses in:
 a. factor markets.
  b. product markets.
  c. neither factor nor product markets.
  d. both factor and product markets.

Question 2

The lower portion of the circular flow model contains factor markets in which households provide:
 a. labor, money, and machines.
  b. savings, spending, and investment.
  c. natural resources, labor, and capital.
  d. output of all final goods and services produced.

[kaillie]

Answer to Question 1

b

Answer to Question 2

c

[armygirl]

Correct answers!

[kaillie]

Great! Please up vote