Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

According to the circular flow diagram, which of the following is true? A-The sellers of resource services are firms. B-The buyers of resource services are

According to the circular flow diagram, which of the following is true?

A-The sellers of resource services are firms.

B-The buyers of resource services are households.

C-Income is the payments made by firms for resource services.

D-Consumption spending is the money received by households for providing resource services.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Driven Technology

Authors: Paige Baltzan

5th edition

978-007337684, 9780077419318, 73376841, 77419316, 978-0073376844

More Books

Students also viewed these Economics questions

Question

★★★★★

Peterson Furniture Designs is preparing the annual financial statements dated December 31. Ending inventory information about the five major items stocked for regular sale follows: Required: 1....

Answered: 1 week ago

Question

★★★★★

In Exercises use the rules of differentiation to find the derivative of the function. 1 X

Answered: 1 week ago

Question

★★★★★

2. Avoid distracting behaviors, such as tapping a pencil while talking, that interfere with both signals and attention to learning.

Answered: 1 week ago

Question

★★★★★

Delannas, a privately owned, high-end womens clothing store, has been successful since it was opened five years ago. The owner, Delanna Ricci, wants to open a second store in a nearby city. She has...

Answered: 1 week ago

Question

★★★★★

Ruiz Company provides the following budgeted sales for the next four months. The company wants to end each month with ending finished goods inventory equal to 3 0 % of next month's budgeted unit...

Answered: 1 week ago

Question

★★★★★

BIG Corporation produces just about everything but is currently interested in the lifetimes of its batteries. To investigate its new line of Ultra batteries, BIG randomly selects 1000 Ultra batteries...

Answered: 1 week ago

Question

★★★★★

Consider the following relational schema, representing five relations describing shopping transactions and information about credit cards generating them [the used notation is explained above]....

Answered: 1 week ago

Question

★★★★★

Apply the AOTA Code of Ethics to Case 9--My Neighbor's Keeper in the required text. Answer the following prompt: The AOTA Code of Ethics is broken down into three sections -- Core Values,...

Answered: 1 week ago

Question

★★★★★

A bicycle company is exploring which of the two following methods they should use to provide bicycle rack to its customers. A . making the rack on their own with intial cost ( fixed cost ) of 20000...

Answered: 1 week ago

Question

★★★★★

Capacity Management (Fall 2022) RCC currently has 15 coachers, including 10 champion coaches (e.g., ones won champion and/or hold master titles) who can teach all level classes: elementary,...

Answered: 1 week ago

Question

★★★★★

Describe the problem of medical errors in our delivery system. Evaluate the effectiveness of selected programs aimed at reducing medical errors in the U.S. healthcare system. Discuss one or more of...

Answered: 1 week ago

Question

★★★★★

The following selected transactions relate to investment activities of Ornamental Insulation Corporation during 2021. The company buys equity securities as noncurrent investments. None of Ornamentals...

Answered: 1 week ago

Question

★★★★★

4. It is only at this point that you can give the problem your full attention in relation to the various ways you have framed the problem.

Answered: 1 week ago

Question

★★★★★

1. To provide an insight into why a communication situation can be perceived differently depending on which psychological framework we choose to use.

Answered: 1 week ago

Question

★★★★★

4. What is the meaning of this statement, we should always demarcate a problem in accordance with our objectives, or with what we are trying to understand? a) Give at least three examples that shed...

Answered: 1 week ago

Previous Question Next Question