Examlex

Solved

- The Figure Above Shows the Circular Flow Model

question 5

Multiple Choice

  - The figure above shows the circular  flow model.  Margo orders a MacBook Pro computer from The Apple Store online to use it in her graphic design business. How will this be reflected in the figure above? A) As a flow of goods and services bought B) As goods and services supplied C) As a flow of a factor of production D) As expenditures on goods and services E) It won't be shown in the figure because this transaction takes place neither in goods markets nor in factor markets.
-
The figure above shows the circular flow model.

Margo orders a MacBook Pro computer from The Apple Store online to use it in her graphic design business. How will this be reflected in the figure above?


Definitions:

Accounts Payable Period

The mean duration for a company to settle payments with its suppliers and vendors.

Cash Flows

The entirety of capital movements entering and exiting a firm, significantly affecting its financial fluidity.

Controller

An executive role responsible for overseeing the accounting operations within a company, managing financial reporting, budgets, and internal controls.

Dissemination

The process of distributing or spreading information, knowledge, or data widely, especially to ensure accessibility to relevant stakeholders.

Related Questions