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Tidy Tidy
wrote...
Posts: 4852
8 years ago
Which of the following statements is + about a simple circular flow model?
A) Producers are neither buyers nor sellers in the product market.
B) Households are neither buyers nor sellers in the input market.
C) Producers are buyers in the factors market.
D) Households are sellers in the product market.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
DropxDropx
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Posts: 1991
8 years ago
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8 years ago
Thanks for the feedback Slight Smile
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