题目
MUF0062 Economics Unit 2 - Semester 2, 2025 Two-sector Circular Flow Model: Diagram and Quick Quiz (10 - 12 minutes)
单项选择题
According to the two-sector circular flow model, are firms demanding or supplying resources (land, labour, capital and enterprise)?
选项
A.a. Demanding
B.b. Neither
C.c. Supplying
D.d. Both
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标准答案
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思路分析
To tackle this question, let's lay out what the two-sector circular flow model shows about the interaction between firms and households.
In this model, households own the factors of production—land, labor, capital, and entrepreneurship—and supp......Login to view full explanation登录即可查看完整答案
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类似问题
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]
In the circular flow model of a simple economy, which of the following correctly describes the flow between households and firms?
In the circular flow model of a simple economy, which of the following correctly describes the flow between households and firms?
The circular flow model shows ___.
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