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

Author Question: In the Circular Flow Model monies flow from the business firms to households. Where does the money ... (Read 98 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
In the Circular Flow Model monies flow from the business firms to households. Where does the money go from the households.
 
  What will be an ideal response?

Question 2

In 2002 there was a quota on 100 cotton blend denim jeans manufactured in China. Due to the quota many manufacturers could not deliver jeans to their retail customers for the back to school season. This situation exemplifies
 
  a. Absolute quotas c. Comparative quotas
  b. Tariff rate quotas d. Duty taxes



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ashely1112

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

To the product market for finished goods and services.

Answer to Question 2

a





 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

For a complete list of videos, visit our video library