Refer to Figure 2-2. Money spent by households Figure 2-2 C A В

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Refer to Figure 2-2. Money spent by households
Figure 2-2
C
A
В
D
cannot be tracked in the diagram
is used to purchase factors of production
O is earned from the sale of factors of production
O becomes profit to firms
AY
LO
Transcribed Image Text:Refer to Figure 2-2. Money spent by households Figure 2-2 C A В D cannot be tracked in the diagram is used to purchase factors of production O is earned from the sale of factors of production O becomes profit to firms AY LO
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