Business

28 March, 12:48

In the circular flow diagram, the government collects taxes from

A. the product market.

B. the factor market.

C. businesses and spends them on goods and services from the factor market. D. households and spends them on goods and services from the factor market. E. households and spends them on goods and services from the product market.

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “In the circular flow diagram, the government collects taxes from A. the product market. B. the factor market. C. businesses and spends them ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Walmart makes bulk purchases from its vendors and hence it is able to get better deals than its competitors. This allows Walmart to offer greater discounts to its customers. In this case, Walmart benefits from

Micron Precision purchased equipment on January 1, 2018 , for $ 40,606. Suppose Micron Precision sold the equipment for $ 30,000 on December 31, 2019. Accumulated Depreciation as of December 31, 2019 , was $ 12,494.

Which of the following are possible outcomes of rapid population growth? A reduction in human capital per worker A reduction in capital per worker An increase in technological knowledge All of the above

Which person made the best payment decision for their preferences? a) Sean decides to pay his bills online because he does not like the inconvenience of finding stamps and mailing his bills.

Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $120,500 and $124,100, respectively. During the year, actual overhead was $106,500 and actual direct labor cost was $110,800.

New Questions in Business

One way that governments can improve market outcomes is to ensure that individuals are able to own and exercise control over their scarce resources.

Mike gets angry because Ben made a better grade on a test than he did. They get into an argument, and Mike takes a swing at Ben intending to hit him. Ben shoves Mike in order to avoid the blow.

A company facing an interest rate of 8% must choose among projects offering the following four-year cash flows.

Natalie has an easement to drive across Donald's road. Which of the following circumstances would terminate this easement? A. Sale of Natalie's propertyB. Sale of Donald's propertyC. Revocation of the easement by DonaldD.

In a basic AD-AS model, if the economy is at the equilibrium on the far left of the potential real output level, then a contractionary monetary policy will