1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gregori [183]
3 years ago
13

Which statement is false about the circular-flow diagram? A. Money flows in the direction opposite to goods and services and fac

tors of production. B. Money flows from households to firms as households offer factors of production for sale. C. Firms are the primary suppliers of goods and services. D. Households are the primary demanders of goods and services.
Business
1 answer:
Minchanka [31]3 years ago
3 0

Answer:

B. Money flows from households to firms as households offer factors of production for sale

Explanation:

The circular-flow diagram (or circular-flow model) is a graphical representation of the flows of goods and money between two distinct parts of the economy:

i)  market for goods and services, where households purchase goods and services from firms in exchange for money;

ii)  market for factors of production (such as labor or capital), where firms purchase factors of production from households in exchange for money.

Based on this definition, we can see that money doesn't flow from household to firms as households offers factor of production for sale but the other way round meaning firms are the one that offer money in purchase of factors of production from household.

You might be interested in
You and your neighbor Diane have agreed to be partners in CreatePlace Site Design, a website design business for small businesse
kramer
Diane wants to invest $5,000 but she will not have an active role in the new business. (limited partnership) You prefer to work directly with customers, make decisions, and to do the actual website design. (limited partnership) You will be responsible for signing contracts on behalf of the new business.(limited partnership) Diane will not be liable for any debts.(limited partnership) Diane will not make business decisions and receive 30 percent of the profits. (limited partnership) You will receive 50 percent of the profits plus a small monthly fee for management services. (general partnership) Diane’s name will not be mentioned in any promotional materials about the business. (limited partnership)

<span>Diane will be the limited partner while you will be the general partner.</span>

8 0
3 years ago
The long run is best defined as a time period during which at least one input cannot be changed. during which all inputs can be
Olegator [25]

Answer:

The long run is best defined as a time period

  • during which all inputs can be varied.

One thing that distinguishes the short run and the long run is

  • the existence of at least one fixed input.

Explanation:

On the long run, all productive inputs can be changed and/or altered. that includes fixed costs like equipment and machinery, building facilities, processes, wages, etc.

On the short run, at least one of the inputs used to produce our goods or services cannot be changed, e.g. wages tend to be sticky, fixed costs (depreciation of equipment and machinery, buildings, etc.)

7 0
3 years ago
Disinflation can be explained by the phillips curve analysis as resulting from a situation where the actual rate of inflation is
lakkis [162]

According to the Phillips curve analysis, disinflation happens when the actual rate of inflation is initially lower than the expected rate, temporarily raising the unemployment rate. However, as nominal wages decline, the unemployment rate will fall to its natural level and the actual and expected rates of inflation will balance out.

Disinflation refers to occurrences where the inflation rate has temporarily slowed and is used to indicate situations where it has only slightly decreased. Disinflation refers to the rate of change in the rate of inflation, as opposed to inflation and deflation, which talk about the direction of prices.

To learn more about Disinflation here

brainly.com/question/14189184

#SPJ4

5 0
1 year ago
Luciana is the owner of a nail salon. Last year, her total revenue was $145,000, her rent was $12,000, her labor costs were $65,
Shtirlitz [24]
The answer would be A.
5 0
3 years ago
Read 2 more answers
What is a popular model for the formation of an atoll?
kipiarov [429]
<span>a volcanic island forms and subsides</span>
3 0
2 years ago
Other questions:
  • Marketing consists primarily of advertising a product or service. <br><br> a. True <br><br> b. False
    14·1 answer
  • When a factory is operating in the short run,
    7·1 answer
  • F Rudy offers Oscar $200 for his laptop valued at $600 and Oscar agrees, a court will probably
    6·1 answer
  • Consider a US firm sells a gas turbine generator to a British firm; in March 201x for British pound BP 1,000,000. Payment is due
    11·1 answer
  • Thirsty Thelma owns and operates a small lemonade stand. When Thelma is producing a low quantity of lemonade she has few workers
    15·1 answer
  • Which payment option is not accepted online?
    13·2 answers
  • True or False: Production runs can be scheduled in one or two shifts. A. True B. False
    10·1 answer
  • You will require $620 in 5 years. If you earn 5% interest on your funds, how much will you need to invest today in order to reac
    7·1 answer
  • Suppose the market for computer chips is dominated by two firms: Intel and AMD. Intel has discovered how to make superior chips
    12·1 answer
  • Supervisor: "He is going to rue missing today's training session." Why would he need to make up for missing today's training ses
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!