In the Simple Circular-Flow Diagram,who Consumes the Goods and Services

question 80

Multiple Choice

In the simple circular-flow diagram,who consumes the goods and services that firms produce?

• A) households only
• B) firms only
• C) both households and firms
• D) neither households nor firms

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Computer applications designed to create diagrams, flowcharts, and other types of graphical representations.

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A method of exchanging messages between people using electronic devices, commonly known as email.

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The practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.

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