All of the following are examples of spending on goods and services in the circular flow model except
A) Chaitanya buys a new spa pedicure chair for her expanding nail salon business.
B) Hernan buys a pizza at Papa C's.
C) Lenny buys a new digital camera to take pictures at his son's graduation.
D) Amanda purchases a new electric guitar to pursue her hobby seriously.
A
Economics
You might also like to view...
Corruption is only present in developing nations
Indicate whether the statement is true or false
Economics
Unemployment that occurs from fundamental technological changes in production, or from the substitution of new goods for customary ones, is known as
a. underemployment b. seasonal unemployment c. frictional unemployment d. structural unemployment e. cyclical unemployment
Economics