Biology Forums - Study Force

The circular flow diagram divides the economy into:
 a. Household sector and business sector.
  b. Real sector and nominal sector.
  c. Domestic sector and foreign sector.
  d. Agricultural sector and non-agricultural sector.
  e. None of the above is correct.

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Question 2 - Which of the following is not included in a nation's balance of payments?
 a. International interest and dividend earnings.
  b. International real estate transactions.
  c. Changes in a nation's money supply due to a new required reserve ratio.
  d. All of the above are included in the balance of payments.

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Question 3 - The circular flow diagram divides the economy into:
 a. Winners and losers.
  b. Real sector and nominal sector.
  c. Domestic sector and foreign sector.
  d. Agricultural sector and non-agricultural sector.
  e. Producer sector and consumer sector.

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