45 According to the circular flow diagram which of the following is true?

I. The

Question

45.

According to the circular flow diagram, which of the following is true?

I. The

government is a buyer in the product market.

II. The government is a seller in the product market.

III. The government is a borrower in financial markets.

I only.

II and III only.

III only.

II only.

I and III only.

Macroeconomics