The circular flow model differentiates natural resources from the other factors of production.
Answer the following statement true (T) or false (F)
False
The circular flow model explains the nature of economic transactions in terms of a flow of resources from businesses to households and back again. It does not differentiate natural resources from the other factors of production.
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A marketing strategy specifies
A. a target market and a related marketing mix. B. the resources needed to implement a marketing mix. C. a target market. D. a marketing mix.
All states have intermediate appellate courts
a. True b. False Indicate whether the statement is true or false
A business invitee is legally entitled to higher duty of protection by the possessor of premises (usually the owner) than is a social licensee
Indicate whether the statement is true or false
Each of the following is a factor that affects exchange rates EXCEPT:
A) Domestic economy B) Supply and demand of currency C) Relative price of goods D) Returns on international investments in securities