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Economics
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Economics
Which of the following statements regarding the circular-flow diagram is true ?
A
If Susan works for BAe Systems and receives a salary payment, the transaction takes place in the market for good and services.
Option A
B
If BAe Systems sells a military aircraft, the transaction takes place in the market for factors for production
Option B
C
None of these
Option C
The factors of production are owned by households
Correct answer
Correct answer: D
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