6 In the simple circular flow of economic activity, goods and services flow via A. factor markets to goods markets. B. factor markets from households to firms. C. goods markets from firms to households. D. goods markets from households to firms.

6 In the simple circular flow of economic activity, goods and services flow via A. factor markets to goods markets. B. factor markets from households to firms. C. goods markets from firms to households. D. goods markets from households to firms.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter2: Thinking Like An Economist

Section: Chapter Questions

Problem 2CQQ

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1.6
In the simple circular flow of economic activity, goods and services flow via
A. factor markets to goods markets.
B. factor markets from households to firms.
C. goods markets from firms to households.
D. goods markets from households to firms.

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