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 156 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?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

For a complete list of videos, visit our video library