If goods and services flow clockwise in a circular economic flow diagram,then consumption expenditures flow:
A) clockwise and firm revenues flow clockwise.
B) clockwise and firm revenues flow counterclockwise.
C) counterclockwise and firm revenues flow clockwise.
D) counterclockwise and firm revenues flow counterclockwise.
Correct Answer:
Verified
Q90: Q91: In the circular economic flow diagram,households: Q92: Q93: In a circular flow model consisting of Q94: Which of the following would be primarily Q96: In the simple circular flow model: Q97: The money income of households consists of Q98: The fact that expenditures on products and Q99: The simple circular flow model shows that Q100: In product markets:
A) make
A) households
A) households sell products to
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