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the money households spend on goods and services
circular flow
True
False
firms
consumer expenditure
False
wages
households
households sell products to firms, and firms sell human resources to households.
circular flow
True
False
firms
consumer expenditure
False
wages
households
Government taxes suck money out of the economic flow model
circular flow
True
False
firms
consumer expenditure
False
wages
households
Which best descibes economic flow
circular flow
True
False
firms
consumer expenditure
False
wages
households
the money firms spend on labor
circular flow
True
False
firms
consumer expenditure
False
wages
households
Firms sell products to households, and households sell human resources to firms.
circular flow
True
False
firms
consumer expenditure
False
wages
households
all businesses
circular flow
True
False
firms
consumer expenditure
False
wages
households
All consumers. The people that work and buy goods/services
circular flow
True
False
firms
consumer expenditure
False
wages
households
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