Graph 2-2 -Refer to Graph 2-2. in the Circular-Flow Diagram Shown, Which

question 121

Multiple Choice

Graph 2-2

-Refer to Graph 2-2. In the circular-flow diagram shown, which arrow shows the flow of the factors of production?

• A) A
• B) B
• C) C
• D) D

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Definitions:

Transactions

Acts of buying or selling goods, services, or financial instruments.

Invests

The act of allocating resources, usually money, in the expectation of generating an income or profit.

Note Payable

A written promise to pay a specified amount of money, along with interest, by a certain date.

Cash Payment

A transaction in which money is paid out or disbursed immediately in cash.