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remy2012 remy2012
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Figure 1-8 shows the circular flow of income.

Short description: A cyclic diagram shows four blocks: good markets, B, factor markets, and A. Long description: An arrow labelled goods and services from goods markets points to B. An arrow labelled factor services from B points to factor markets. An arrow labelled

FIGURE 1-8

Refer to Figure 1-8. In the circular flow of income (A) represents ________; (B) represents ________.



▸ consumers; producers

▸ producers; government

▸ consumers; government

▸ government; consumers

▸ producers; consumers
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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meowkitty813meowkitty813
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