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20 hot spot 1 point according to the circular - flow model above, which…

Question

20 hot spot 1 point according to the circular - flow model above, which point represents mary receiving a salary of $2,000 a month for her job as an executive secretary?

Explanation:

Brief Explanations

In the Circular - Flow Model, the Resource Market is where households supply resources (like labor, which Mary is supplying as an executive secretary) and businesses pay income (wages, in Mary's case) to households. Point D is associated with the flow of income (wages, rents, interest, profit) from businesses to households in the Resource Market. Mary receiving a salary (a wage) for her labor is a transaction in the Resource Market, so the point representing this is D.

Answer:

D