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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: The circular flow diagram shows that
Post by: Tidy on Jun 21, 2015
The circular flow diagram shows that
A) the value of total income is equal to the total value of expenditures on final goods and services.
B) firms pay households wages, and households receive transfer payments from firms.
C) household spend all their income on goods and services.
D) GDP will be less than the total value of expenditures on final goods and services in the economy.


Title: Re: The circular flow diagram shows that
Post by: Chimelo46 on Jul 18, 2015
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Title: Re: The circular flow diagram shows that
Post by: Chimelo46 on Aug 31, 2015
Glad to help you, and good luck with your course.