In the simple circular-flow diagram, the decision-makers consist ofSelect one:a. households and firms.b. households, firms, and governmentc. firms and governmentO d. households and government

The simple circular flow model is a two-sector model with only households and firms. The complex…

In the simple circular-flow diagram, the decision-makers consist of Select one: O a. households and firms. O b. households, firms, and government O c. firms and government, d. households and government

In the simple circular-flow diagram, the decision-makers consist of Select one: O a. households and firms. O b. households, firms, and government O c. firms and government, d. households and government

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Gross Domestic Product

Section: Chapter Questions

Problem 6SQP

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In the simple circular-flow diagram, the decision-makers consist of
Select one:
a. households and firms.
b. households, firms, and government
c. firms and government
O d. households and government

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