The Circular Flow Model Shows That

question 50

Multiple Choice

The circular flow model shows that:

• A)households are on the demand side of the resource market.
• B)firms are on the demand side of both the product and resource markets.
• C)households are on the supply side of the resource market and the demand side of the product market.
• D)firms and governments are on the supply side of the loanable funds market.
• E)governments are on the demand side of the product market and the supply side of the resource market.