Answer:
The answer is :
A. Resource market - income
B. Expenditure - product market.
Explanation:
A. Resource market - income
B. Expenditure - product market
The circular flow model shows how money moves through the economy in exchange for goods, services, and resources.
A.
In circular flow of income, households provide inputs to firms through the resource market(matket where households supply land, labor, capital, and entrepreneurship) in exchange for money(income or wages).
B.
Also in circular flow of income, firms receives expenditure from household and this type of market is called product market(which refers to a place where goods and services are bought and sold)
Answer:
No, it won't
Explanation:
Adam Smith arrive to the exact opposite conclusion. That acting out in a selfish way, people will achieve the common greater good. As it is not the benevolence of the butcher or the brewer, or the baker that we expect our dinner but their self-interest to acquire wealth and progress in life.
The claim for acting out in behalf of others is a socialims qualm not a capitalism proposal
Answer:
All of the above.
Explanation:
All of the above.All of the above.All of the above.All of the above.All of the above.All of the above.All of the above.All of the above.All of the above.All of the above.All of the above.All of the above.
= Less likely to be able to manage rising costs
= Less likely to be able to manage rising costs
= Less likely to be able to manage rising costs
= Less likely to be able to manage rising costs
Answer:
Explanation:
Prepayment is the term used to describe unscheduled repayment of debts either partially or in full before their due date. Prepayment is also the payments of bills such as utilities, invoices and other operating expenses in advance. Extra payments on top of the regular monthly repayment amount is also a prepayment.
Corporates and individuals make prepayments to save on payable interests. Debts, especially short term facilities such as credit cards and overdrafts, attract high-interest rates. The longer they remain unsettled, the more interest will be paid. Making prepayments saves from spending huge amounts on interest.
Prepayments help improve credit score. An improved credit score qualifies an individual or a business to borrow at low-interest rates.