Which of the following holds true in a circular flow diagram? A) Inco
Which of the following holds true in a circular flow diagram?
A) Income flow are represented by drawing an arrow from the household sector to firms.
B) Factor flows are represented by drawing an arrow from the firm sector to the household sector.
C) Production flows are represented by drawing an arrow from the firm sector to the household sector.
D) Expenditure flows are represented by drawing an arrow from the firm sector to the household sector.
ANSWER
C
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.