According to the circular flow diagram, households... Group of answer choices Are sellers in the goods and services market and buyers in the market for labor. Are buyers in the labor market and in the goods and services market as well. Are sellers in both the labor market and in the goods and services market. Are sellers in the labor market and buyers in the goods and services market.
According to the circular flow diagram, households... Group of answer choices Are sellers in the goods and services market and buyers in the market for labor. Are buyers in the labor market and in the goods and services market as well. Are sellers in both the labor market and in the goods and services market. Are sellers in the labor market and buyers in the goods and services market.
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter7: Taking The Nation's Economic Pulse
Section: Chapter Questions
Problem 17CQ
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According to the circular flow diagram, households...
Group of answer choices
Are sellers in the goods and services market and buyers in the market for labor.
Are buyers in the labor market and in the goods and services market as well.
Are sellers in both the labor market and in the goods and services market.
Are sellers in the labor market and buyers in the goods and services market.
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