The circular flow model shows ___.单项选择题
A
how the product markets, the resource markets, and the financial markets relate to each other in the economy
B
that changes in the product markets are unlikely to affect the resource markets
C
that a dollar spent in one market tends to stay in that market
D
firms supply resources to the factor market
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In a typical circular flow model, which of the following statements are true? 1. Households sell resources in the factor/resources market 2. Firms demand resources in the factor/resources market 3. Money flows from firms to households is when households pay for exports 4. Money flows from foreign economies to firms is when households pay for imports 5. Money flows from households to the financial sector is when households save some of their disposable income in their bank accounts[Fill in the blank]
In the circular flow model of a simple economy, which of the following correctly describes the flow between households and firms?
In the circular flow model of a simple economy, which of the following correctly describes the flow between households and firms?
Mr. John Smith just bought a car for his son. The payment for the car is illustrated on the diagram below by the arrow
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