In the circular-flow diagram, Answer a. households are sellers in the markets fo

Question

In the circular-flow diagram, Answer a. households are sellers in the markets for the factors of production. b. firms are sellers in the markets for factors of production and in the markets for goods and services. c. dollars that are spent on goods and services flow directly from firms to households. d. firms are buyers in the markets for goods and services. In the circular-flow diagram, households are sellers in the markets for the factors of production. firms are sellers in the markets for factors of production and in the markets for goods and services. dollars that are spent on goods and services flow directly from firms to households. firms are buyers in the markets for goods and services. a. households are sellers in the markets for the factors of production. b. firms are sellers in the markets for factors of production and in the markets for goods and services. c. dollars that are spent on goods and services flow directly from firms to households. d. firms are buyers in the markets for goods and services.

Explanation / Answer

households are sellers in the markets for the factors of production.

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.