In the simple circular flow of economic activity, goods, and services flow via: a. factor markets to goods markets. b. goods markets from households to firms. c. factor markets from firms to households. d. goods markets from firms to households.
In the simple circular flow of economic activity, goods, and services flow via: a. factor markets to goods markets. b. goods markets from households to firms. c. factor markets from firms to households. d. goods markets from firms to households.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Consumption in Vietnam could grow by US$130 billion over the next decade as Asia continues to be the world’s consumption growth engine, Vietnam News Agency (VNA) quoted a new report from McKinsey
In the simple circular flow of economic activity, goods, and services flow via:
a. factor markets to goods markets.
b. goods markets from households to firms.
c. factor markets from firms to households.
d. goods markets from firms to households.
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