The circular flow is used to make the point that-09368
The circular flow is used to make the point that:
This multiple choice question (MCQ) is related to the book/course vu eco403 Macroeconomics. It can also be found in vu eco403 Final Term - Quiz No.21.
The circular flow is used to make the point that:
Households are both earners and spenders.
Production generates income.
Unemployment only occurs during a recession.
Rising prices never occur during times of unemployment.