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Which of the Following Transactions Takes Place in the Markets

Question 89

Multiple Choice

Which of the following transactions takes place in the markets for the factors of production in the circular-flow diagram?


A) Dylan receives a salary for his work as a financial analyst for an investment firm.
B) Kristin buys two business suits to wear to her job as a Chief Information Officer.
C) Jim receives clean water in his home in exchange for paying his water bill.
D) Caroline owns a nail salon and receives payments from her clients for her services.

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