Identify whether each of the following events in this scenario occurs in the market for factors of production or the market for goods and services. Event Market for Factors of Production Market for Goods and Services Janet spends $9 to have a pint. O O Felix spends $400 to purchase a sleep test from the Medical Clinic. O O Janet earns $650 per week working for the Medical Clinic. O O Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs. Check all that apply. The beer Janet receives The $450 per week Felix earns working for Breanna's Brewing Company The $400 Felix spends to purchase a sleep test from the Medical Clinic True or False: The actual economy is more complicated than the simple one illustrated in this circular-flow diagram. O True False