Upgrade to access all content for this subject
In the circular flow model, which economists use to represent market economic systems, which of the following represent the clockwise flows into (A) and out of (B) the product market as shown in the diagram below?
Jane Schaefer. Created for Albert.io. Copyright 2016. All rights reserved.
(A) Products and (B) resources.
(A) Products and (B) consumer spending.
(A) Business income and (B) products.
(A) Consumer spending and (B) business income.
(A) Business income and (B) resources.