Q
Which of the following statements regarding the circular-flow diagram is true ?
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A
A. if susan works for bae systems and receives a salary payment, the transaction takes place in the market for good and services.
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B
B. if bae systems sells a military aircraft, the transaction takes place in the market for factors for production
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C
C. none of these
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D
D. the factors of production are owned by households
Correct Answer:
D. D. the factors of production are owned by households
