WebSep 23, 2024 · Refer to the above diagram. flow (1) represents: Wage, rent, interest, and profit income. Refer to the above diagram. flow (2) represents Land, labor, capital, and entrepreneurial ability. In terms of the circular flow diagram, households make expenditures in the _____ market and receive income through the _____ market. ... WebJan 6, 2024 · (Businesses) The flow of securities from the saver to the borrower The flow of money from the saver to the borrower The flow of securities from the borrower to the saver Flow #1 represents: The flow of money from the government to the borrower Flow #2 represents: Two market participants, one transfer of money, and the exchange of two …
(Solved) - 83. Refer to the diagram. Flow 1 represents: A.
WebJul 21, 2024 · Flowchart symbols and explanations. Flowcharts make processes and workflows visible. Below are 17 of the most commonly used symbols for illustrating flows, … WebCollectively these two arrows represent the flow of goods, services, and resources in a clockwise way. An arrow pointing from households to firms represents spending by … can i get a refund on a netspend gift card
(Solved) - 83. Refer to the diagram. Flow 1 represents: A. wage, …
WebOct 31, 2024 · Flow 1 represents: A. wage, rent, interest, and profit income. B. land, labor, capital, and entrepreneurial ability. C. goods and services. D. consumer expenditures. 4. … WebMar 18, 2024 · Refer to the diagram. Flow 1 represents: A. goods and services. B. wage, rent, interest, and profit income. C. I and, labor, capital, and entrepreneurial ability. D. … WebJul 6, 2024 · One of the main basic models taught in economics is the circular-flow model, which describes the flow of money and products throughout the economy in a very simplified way. The model represents all of the actors in an economy as either households or firms (companies), and it divides markets into two categories: Remember, a market is … fitting means mcq