In the Circular-Flow Model, What Does the Flow of Expenditures

question 100

Multiple Choice

In the circular-flow model, what does the flow of expenditures measure?  

• A) the dollar value on purchases of resources in the product market 
• B) the dollar value of purchases of both goods and services 
• C) the flow of expenditures to the owners of labour only 
• D) the flow of expenditures from the product to the resource market

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Definitions:

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Erving Goffman

A sociologist known for his work on symbolic interactionism and the study of social interactions, especially in everyday life.

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