Circular-flow diagram shows how dollars flow through markets among households and firms Select one: O True False

The figure shows the circular flows in the market economy. Indicate the real and money flows in which the following items belong. When Apple Inc. pays the designers of the iPad, the flows are a to households and a from households to firms. O A. real flow; real flow B. money flow, money flow OC. money flow, real flow O D. real flow; money flow When you buy a new e-book from Amazon, the flows are a households to firms and a from firms to households. O A. money flow, real flow O B. real flow; money flow OC. money flow, money flow OD. real flow; real flow from firms from ( Labour, land, capital, entrepreneurship FACTOR MARKETS HOUSEHOLDS Wages, rent, interest, profits FIRMS Goods and services Expenditure on goods and services GOODS MARKETS

The outer flow in the circular flow diagram is measured in O goods and services produced inputs (factors of production) O government revenues O money MacBook Air 吕口 F3 D00 F4 F5 F6 F7 F8 2$ & 4 7 8 Y 6

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