39 which of the following is true according to the circular-flow diagram
Robert L. Sexton · 2015 · Business & EconomicsIn a circular flow diagram, a. goods and services flow in a clockwise direction. b. goods and services flow in a ... Which of the following is true? a. The circular flow model of mixed economy states that there are four sectors in an economy. They are firms, households, the government, and the foreign sector.1 answer · Top answer: Correct Answer: Option B Households provide labor, land, and capital to the firm to run their businesses and in turn receive wages, rent, and profits...
Answer to Which of the following is true according to the circular-flow diagram? Households receive wages, rent, and profit from firms.4 answers · Top answer: Firms receive income from households. lowers saving in the country and decreases the quantity of loanable funds supplied.
Which of the following is true according to the circular-flow diagram
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