Which of the following statements regarding the circular flow model is not accurate?
a. Firms supply households with goods and services.
c. Firms pay households for land, labor, and capital.
b. Households pay firms for goods and services.
d. Households supply firms with goods and services.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following statements regarding the circular flow model is not accurate? a. Firms supply households with goods and services. c. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which type of advertisement is a magazine ad? A. TV B. Print C. signage D. Radio
Answers (2)
Suppose an increase in the level of migration increases the supply of labor at any wage. The labor supply curve. If wages freely adjust, then the wage will. If wages are sticky, then the unemployment rate will.
Answers (1)
A stockbroker predicts whether a stock will go up or down by tossing a coin and so has a 50% chance of making a correct prediction. Another broker, who is skilled, has a 60% chance of making a correct prediction.
Answers (1)
If you deposited money in a savings account that paid 1% interest, approximately how long would it take your money to double? a. 72 years b. 36 years c. 18 years d. 2 years e. It is impossible to determine with the information given.
Answers (1)
When the required return is equal to the coupon rate, the bond value is▼equal togreater thanless thanthe par value. In contrast in part a above, if the required return is less than the coupon rate, the bond will sell at a▼discountpremium
Answers (1)
New Questions in Business
Wifty Company sells one product. Presented below is information for January for Swifty Company. Jan. 1 Inventory 103 units at $5 each 4 Sale 82 units at $8 each 11 Purchase 135 units at $7 each 13 Sale 102 units at $9 each 20 Purchase 167 units at
Answers (1)
Direct comments taken from another author do not have to be paraphrased
Answers (1)
No Child Left Behind legislation is the current reauthorization of the Elementary and Secondary Education Act of 1965. True False
Answers (2)
Harry's Hotdogs is a small street vendor business owned by Harry Huggins. Harry is trying to get a better understanding of his costs by categorizing them as fixed or variable.
Answers (1)
A registered representative opens a new account for a customer by telephone and receives an order to sell 300 shares of ABC at the market.
Answers (1)