ECS1601 TEST BANK

ECS1601 Macroeconomics Test Bank 2022 ECS1601 TEST BANK Question 1 In the goods market of the circular flow model, …. 1) firms buy factors of production from consumers 2) firms buy finished products from households 3) consumers buy factors of production from firms 4) firms sell factors of production to the government 5) consumers buy finished products from firms The correct alternative is [5]. Explanation In the goods market of the circular flow model, consumers receive income i...

ECS1601 TEST BANKECS1601 TEST BANKECS1601 TEST BANK

Exam (elaborations) TEST BANK Macroeconomics Multiple Questions (with Answers)