In the Circular Flow Model

question 60

Multiple Choice

In the circular flow model:

• A)households receive income from businesses in exchange for providing inputs and use that income to buy goods and services from businesses.
• B)businesses receive revenues from households in exchange for providing goods and services and use those revenues to buy inputs from households.
• C)households receive revenue for selling goods and services to businesses, and use that revenue to buy inputs from businesses.
• D)Households receive income from businesses in exchange for providing inputs and use that income to buy goods and services from businesses AND businesses receive revenues from households in exchange for providing goods and services and use those revenues to buy inputs from households.