History
History, 19.05.2020 03:00, elyzarobertson

A diagram titled Circular Flow Diagram, Mixed Market Economy showing a factor market and a product market. In a product market, households send payments to firms, paying taxes to the government. Then firms send wages, rent, and profit to households with taxes going to the government. In a factor market, households send land, labor, and capital to firms, with factors going to the government. Then firms send goods and services to households, with products going to the government. The government sends wages, interest, transfer payments to households, and payments and subsidies to Firms.

According to the diagram, who is provided goods from firms?
A.
only households
B.
only governments
C.
both households and governments
D.
neither households nor governments

answer
Answers: 1

Other questions on the subject: History

image
History, 21.06.2019 23:50, jessb9583
What is the main inference that can be drawn from adam smith’s book the wealth of nations?
Answers: 2
image
History, 22.06.2019 02:00, brianna5626
Ineed asap! ! what is the name of the system in which each branch of the u. s government can limit the actions of the other branches? a. perpetual union b. division of powers c. cooperative federalism d. checks and balances
Answers: 1
image
History, 22.06.2019 02:30, naenae1405
What was the significance of the battle of saratoga
Answers: 1
image
History, 22.06.2019 04:30, jpdagle6921
During the growth of colonial america, people saw the need for a colony between south carolina and the spanish in florida. james oglethorpe and 19 settlers were told to start the colony of georgia. which coastal city did oglethorpe and his settlers found? a. jamestown, virginia b. savannah, georgia c. st. augustine, florida d. atlanta, georgia
Answers: 2
Do you know the correct answer?
A diagram titled Circular Flow Diagram, Mixed Market Economy showing a factor market and a product m...

Questions in other subjects:

Konu
Mathematics, 22.02.2021 03:50
Konu
Health, 22.02.2021 03:50
Konu
Engineering, 22.02.2021 03:50