A. firm to firm
B. household to firm to consumer and back again
C. government to consumer
D. firm to consumer
Related Mcqs:
- Each society must make the following decisions of an economic nature regarding the______________?
A. time place and quantity of production
B. assessment collection and counting of taxes
C. measurement of land water and minerals
D. production distribution and consumption of goods and services - Personality may be seen as a circular system in that____________?
A. every adult experience cycle back to childhood
B. personality affects roles and vice-versa
C. all feelings revolve around the self
D. all experience is based on preconceptions - Exceptions to the circular flow are__________________?
A. incidentals
B. withdrawals
C. injections
D. B and C only - Material objects found in nature are called_______________?
A. land
B. capital
C. labor
D. time - The author of a famous treatise on the origin of the state characterized existence in the “state of nature” as________________?
A. similar to an earthly paradise
B. among “noble savages”
C. “solitary poor nasty brutish and short”
D. a pre-Christian utopia - Products of the economy used in production as opposed to gifts of nature are______________?
A. land
B. labor
C. capital
D. entrepreneurship - The speculative demand for money occurs when ?
A. Individuals hold money just in case an emergency happens
B. Individuals hold money to buy things
C. Individuals hold money rather than other assets because they are worried about the price of the other assets falling
D. Individuals hold money to shop - The liquidity trap occurs when the demand for money ?
A. Is perfectly interest elastic
B. Is perfectly interest inelastic
C. Means that an increase in money supply leads to a fall in the interest rate
D. Means that an increases in the money supply leads to an increases in the interest rate - Extraction of raw materials occurs in which sector of the economy ?
A. Primary
B. Secondary
C. Tertiary
D. Quaternary - Stratification occurs societies that have a____________?
A. surplus
B. shortage of everything
C. equality
D. capitalistic system
