As the circular flow model shows, the factors of production flow from

A) households to firms through the factor market.
B) firms to households through the goods market.
C) the goods market through firms to the factor markets.
D) households to firms through the goods market.
E) firms to households through the factor market.

A

Economics

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Who among the following is the most likely to invest in human capital?

A) A person with a low rate of time preference B) A person with a high rate of time preference C) A person with no time preference D) None of the above.

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When you bought your textbook for this course, you were using money as a

A) store of value. B) price mechanism. C) medium of exchange. D) unit of account.

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