Question

In which of the flows in circular flow model does each transaction occur. you buy a coffee at starbucks. ▼ the government buys some dell computers. ▼ a student works at kinko. ▼ a real flow from households through factor markets to firms a real flow from firms through factor markets to households a money flow from households through goods markets to firms donald trump rents a building to marriot hotels. ▼ a real flow from households through factor markets to firms a money flow from firms through factor markets to firms a money flow from firms through goods market to households you pay your income tax?

Answer 1

In the circular flow model, a coffee purchase at Starbucks represents a money flow from households to firms, the government buying computers represents a money flow from firms to households, and a student working at Kinko's represents a real flow from households to firms.

Step-by-step explanation:

In the circular flow model, the transaction of buying a coffee at Starbucks falls under the category of a money flow from households through goods markets to firms. This is because households (individual consumers) are exchanging money for a good (coffee) at a firm (Starbucks).

Similarly, the transaction of the government buying Dell computers falls under the category of a money flow from firms through goods markets to households. In this case, the government (a buyer) is exchanging money for goods (computers) from a firm (Dell) to be used by households (consumers).

A student working at Kinko's represents a real flow from households through factor markets to firms. The student is supplying their labor as a worker to a firm (Kinko's) in exchange for wages, which falls under the factor market category.

Answer 2

Step-by-step explanation:

This is circular flow model with three agents ; customers , governments and businesses.

There are two markets ; Goods and services market and factor market.

The two types of transaction are resources or monetary transaction.

▼ you buy a coffee at starbucks : It is a trade between companies, households with commodities and households. This is achieved via the demand for goods and services.

▼ the government buys some dell computers : This is the exchange of the money market between the government and goods and services. Assets are transferred from government to market for goods and services.

▼ a student works at kinko : The transaction includes the demand element from the household to the resource sector. It is a financial transaction between companies and households.

▼ donald trump rents a building to marriot hotels: It is a monetary transaction across the factor network from business to households. This is indeed a resource transaction between households and companies via the factor market.

▼you pay your income tax : This is indeed a money transaction between households and government.