Question
a.What are the four general categories of economic resources that companies need? List each one. 4 Marks b.Using Tim Hortons provide an example of each
a.What are the four general categories of economic resources that companies need? List each one. 4 Marks
b.Using Tim Hortons provide an example of each type. 4 Marks
Carefully Analyse the Circular Flow Model of the Economy shown above!
c.Which arrow shows the flow of goods and services? Why? 2 Marks
d.Which arrow shows the flow of spending by households? Why? 2 Marks
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The Economics of Public Issues
Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North
19th edition
134018974, 134018973, 9780134020532 , 978-0134018973
