Refer to the diagram of the circular flow of income. Based on the diagram, box 2 must be:
A) businesses.
B) households.
C) the market for resources.
D) the market for outputs.
Correct Answer:
Verified
Q6: What is the difference between spending from
Q7: The circular flow of income shows that
Q8: Refer to the diagram of the circular
Q9: Refer to the diagram of the circular
Q10: Refer to the diagram of the circular
Q12: Refer to the diagram of the circular
Q13: Refer to the diagram of the circular
Q14: Refer to the diagram of the circular
Q15: Refer to the diagram of the circular
Q16: GDP per person is calculated as:
A)total GDP
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