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Question #47269

Which of the following statements regarding the circular-flow diagram is true ?

Options:

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: Which of the following statements regarding the circular-flow diagram is true The factors of production are owned by households.

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