103.
According to the text, what is the largest source of earned income for U.S. households?
A. Wages and salaries B. Interest C. Proprietors' income D. Corporate profits AACSB: Analytic Blooms: Remember Difficulty: 1 Easy Learning Objective: 02-05 Describe the mechanics of the circular flow model. Topic: Circular flow model
104.
Over half of U.S. consumer expenditures are for what?
A. Housing B. Services C. Nondurable goods D. Durable goods AACSB: Analytic Blooms: Remember Difficulty: 2 Medium Learning Objective: 02-05 Describe the mechanics of the circular flow model. Topic: Circular flow model