Question: In the circular flow model, which part of the economy would provide materials to businesses? OA. Households B. Resource markets C. Businesses D. Product

In the circular flow model, which part of the economy would provide materials to businesses? OA. Households

In the circular flow model, which part of the economy would provide materials to businesses? OA. Households B. Resource markets C. Businesses D. Product markets Activate W

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The detailed answer for the above question is provided below Answer Option ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

8. a tying agreement requires buyers of a product to O purchase another product needed in the use of the first product. O purchase a minimum number of units. O refrain from exporting the product to...

The Organization of the Petroleum Exporting Countries (OPEC) is a cartel of 12 countries that controls roughly two-thirds of the worlds oil production. The cartel gives countries quotas for...

Exporting a product at a price that is lower than that normally charged domestically or one that is lower than production costs can expose a firm to charges of what?

In the circular flow model, which of the following items is a real flow? A. The flow of government expenditures to firms for the goods bought B. The flow of income from firms to households for the...

1. Describe the flows in the circular flow model in which expenditure on consumption goods and services, purchases of new national defense equipment, and payments for labor services appear. Through...

2. Of the flows that run between households, firms, and governments in the circular flow model, which ones are real flows and which are money flows?

7. In the circular flow model, which of the following items is a real flow?

In the circular flow model, which of the following is true? a. Household spending flows through the factor markets. b. Household spending flows back to households. c. Household spending flows through...

Of the flows that run between households, firms, and governments in the circular flow model, which ones are real flows and which are money flows?

What defines an economic model? In what way is the circular flow model a simplification of reality? Why would economists want to simplify reality?

I. allocated to which process in tabular format in which 2. Print which block is Write a program to simulate the worst fit contiguous memory allocation technique. the column name could be Input: N...

1. Explain the meaning of the term production or operations. 2. Describe the three kinds of utility that operations processes provide for adding customer value. 3. Identify the major factors that are...

For tax year 2 0 2 4 what is the maximum amount a tax payer can deduct for long term care insurance

The financial statements of P&G are presented in Appendix 5B or can be accessed at the books companion website, HYPERLINK "www.wiley.com/college/kieso" www.wiley.com/college/kieso. Refer to P&Gs...

Refer to P&Gs financial statements and the accompanying notes to answer the following questions. (a) What amounts relative to income taxes does P&G report in its: (1) 2007 income statement? (2) June...

A vertical, 1.20-m length of 18-gauge (diameter of 1.024 mm) copper wire has a l00.0-N ball hanging from it (a) What is the wavelength of the third harmonic for this wire? (b) A 500.0-N ball now...

Pin P slides in a circular slot cut in the plate shown at a constant relative speed u = 180 mm/s. Knowing that at the instant shown the plate rotates clockwise about A at the constant rate = 6...

By using the pre-emphasis filter shown in Figure a and with a voice signal as the modulating wave, and FM transmitter produces a signal that is essentially frequency modulated by the lower audio...

As part of an overall safety risk assessment for flight, when should the Remote Pilot in Command check and consider weather conditions in the operating area? [Source: AC-107-2, Small Unmanned...

The company that employs you is a U.S. publicly traded corporation that manufactures chemicals. You are in the external financial reporting department, and your position requires that you keep...

Metal Corporation acquired 75 percent ownership of Ocean Company on January 1, 20X1, at underlying book value. At that date, the fair value of the noncontrolling interest was equal to 25 percent of...

Match the terms on the left with the descriptions on the right. Each description may be used only once (or not at all). Terms 1. Dissolution 2. Partner's loss absorption potential 3. Liquidation 4....

To provide for the automation of a production process in five years, Dominion Chemicals is starting a sinking fund to accumulate $600,000 by the end of the five years. Round the sinking fund payments...

Each of the bond issues has a sinking fund requirement for retiring the entire principal amount of the issue on its maturity date. The coupon rates and rates of return on the sinking fund investments...

A sinking fund is to be set up to provide for the repayment of 80% of the principal amount of a $1 million debt in 10 years. Equal payments are to be made at the beginning of each quarter. The...