题目
ECON 2002.01 AU2025 (21333) Midterm Exam 2- Requires Respondus LockDown Browser
单项选择题
The circular flow model shows ___.
选项
A.how the product markets, the resource markets, and the financial markets relate to each other in the economy
B.that changes in the product markets are unlikely to affect the resource markets
C.that a dollar spent in one market tends to stay in that market
D.firms supply resources to the factor market
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标准答案
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思路分析
The question asks about what the circular flow model shows in economics.
Option 1: 'how the product markets, the resource markets, and the financial markets relate to each other in the economy' is accurate because the circular flow diagram maps the interactions between households and firms across different markets, including product markets (goods and services), resource (factor) markets (inputs like labor and capital), and, in more......Login to view full explanation登录即可查看完整答案
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In a typical circular flow model, which of the following statements are true? 1. Households sell resources in the factor/resources market 2. Firms demand resources in the factor/resources market 3. Money flows from firms to households is when households pay for exports 4. Money flows from foreign economies to firms is when households pay for imports 5. Money flows from households to the financial sector is when households save some of their disposable income in their bank accounts[Fill in the blank]
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