Wednesday 6 June 2012

Which of the following is an example of spending on goods and services

Which of the following is an example of spending on goods and services in the circular flow model?
A.   Javier buys 800 square feet of wood flooring for his vacation home.
B.   Celeste buys fresh herbs at the farmers’ market to use in her restaurant.
C.   Timmy purchases a new examination table for use in his veterinary clinic.
D.   Belinda purchases a new computer for her tax-preparation business.

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