Refer to Figure 2-12. One segment of the circular flow diagram in the Figure shows the flow of funds from market F to economic agents G. The funds represent spending on goods and services. What is market F and who are economic agents G?
A) F = product markets; G = firms B) F = factor markets; G = firms
C) F = factor markets; G = households D) F = product markets; G = households
A
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Which of the following is the BEST example of a public good?
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