In a simple circular-flow diagram, households buy goods and services with the income they get from
a. wages.
b. rents.
c. profits.
d. All of the above are correct.
d
Economics
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The above figures show the market for HD televisions. If more firms start to produce HD televisions , which figure shows the effect of this change?
A) Figure A B) Figure B C) Figure C D) Figure D E) None of the figures represent this change.
Economics
A plot of the interest rates on default-free government bonds with different terms to maturity is called
A) a risk-structure curve. B) a default-free curve. C) a yield curve. D) an interest-rate curve.
Economics