Multiple Choice
The basis of the circular-flow diagram is that:
A) the best models avoid making assumptions.
B) goods and services flow in a circle in the factor market.
C) resources are sold along with goods and services in the resource market.
D) the flow of money into each market or sector is equal to the flow of money coming out of that market or sector.
Correct Answer:
Verified
Correct Answer:
Verified
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