MCQOPTIONS
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| 1. |
Which of the following statements regarding the circular-flow diagram is true ? |
| A. | If Susan works for BAe Systems and receives a salary payment, the transaction takes place in the market for good and services. |
| B. | If BAe Systems sells a military aircraft, the transaction takes place in the market for factors for production |
| C. | None of these |
| D. | The factors of production are owned by households |
| Answer» E. | |