8. Which statement best describes the role of households within the circular flow model?
a. They collect taxes from businesses and individuals
b. They produce goods and services to sell to consumers
c. They sell labor to businesses and pay taxes to government
d. They pay wages to government
Answers: 3
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Awork system has five stations that have process times of 5, 9, 4, 9, and 8. what is the throughput time of the system? a. 7b. 4c. 18d. 35e. 9
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During a meeting, tammy, a branch manager for usa bank, pointed to the corporate organization chart on the wall. tammy remarked that "these people provide advice, recommendations, and research for us, and they are indicated with a dotted line. laura (our ceo) and the vice presidents of our organization are up here, indicated on the organization chart by a solid line vertical line." are indicated on the organization chart by a solid line and are indicated by a dotted line. a. line managers; temporary personnel b. line managers; personnel in training c. staff personnel; vital personnel d. line managers; part-time personnel e. line managers; staff personnel
Answers: 2
8. Which statement best describes the role of households within the circular flow model?
a. They co...
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