In the Circular-Flow Diagram,in the Markets for

question 58

Multiple Choice

In the circular-flow diagram,in the markets for

• A)goods and services,households and firms are both sellers.
• B)goods and services,households are buyers and firms are sellers.
• C)the factors of production,households are buyers and firms are sellers.
• D)the factors of production,households and firms are both buyers.

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Definitions:

Operating Cash Flow

The cash generated from the normal operations of a business, indicative of the company's financial health.

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Intangible Assets

Intangible assets are non-physical assets owned by a business, such as patents, trademarks, goodwill, and licensing agreements, known for their long-term value.

Long-Term Debt

Loans and financial obligations lasting over one year that are used to finance a company's operations.