In the circular-flow diagram,an organization that produces goods or services for sale is a:
A) market.
B) household.
C) factor.
D) firm.
Correct Answer:
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Q211: Which of the following is sold in
Q212: In the circular-flow diagram,the product market is
Q213: In the circular-flow diagram,a household is a(n):
A)entity
Q214: In the circular-flow diagram,households buy _ in
Q215: Which of the following is sold in
Q217: The basis of the circular-flow diagram is
Q218: Households buy goods and services in the
Q219: In the circular-flow diagram,the flow of money
Q220: In the circular-flow diagram,a firm is an:
A)organization
Q221: Statements that make value judgments are:
A)pecuniary.
B)positive.
C)nominal.
D)normative.
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