1. Refer to the diagram. Flow 3 represents: A. wage, rent, interest, and profit income. B. land,...

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1. Refer to the diagram. Flow 3 represents:

		A. wage, rent, interest, and profit income.
	B.	land, labor, capital, and entrepreneurial ability.
	C.	goods and services.
	D.	consumer expenditures.

2. Refer to the diagram. Flow 4 represents:

A. wage, rent, interest, and profit income.

B. land, labor, capital, and entrepreneurial ability

C. goods and services

D. consumer expenditures.

Related Book For answer-question

Entrepreneurial Finance

ISBN: 978-1305968356

6th edition

Authors: J. Chris Leach, Ronald W. Melicher

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Posted Date: Dec 10, 2022 09:40 AM

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1. Refer to the diagram. Flow 3 represents: A. wage, rent, interest, and profit income. B. land,...

Question:

Flow 1 Businesses Flow 3 Resource Market Product Market Flow 2 Households Flow 4 Flow 1 Businesses Flow 3 Resource Market Product Market Flow 2 Households Flow 4

Expert Answer:

Answer Q1 Option c the flow 3 represents the ... View the full answer

Entrepreneurial Finance

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