In the Circular Flow Model, Households Earn Their Incomes in the

question 85

Multiple Choice

In the circular flow model, households earn their incomes in the

• A)resource markets.
• B)product markets.
• C)capitalist markets.
• D)money markets.

---

Definitions:

Supreme Court Of Canada

The highest court in Canada, serving as the final court of appeal, with the authority to decide on legal issues of national importance.

Appeals

The process of applying to a higher court for the reversal of the decision of a lower court.

Courts

Judicial institutions established to administer justice through the interpretation and application of law in resolving disputes.

Execution Or Enforcement

The process of carrying out the orders of a court, such as collecting a debt or seizing property to satisfy a judgment.