Answered: In the circular flow diagram,…

In the circular flow diagram, Government demand ........ and firm supply ........ Select one: O a. goods; labor. O b. Iabor; goods and services. O c. Iabor; labor. O d. goods and services; labor.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: The Markets For The Factor Of Production

Section: Chapter Questions

Problem 4QR

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In the circular flow diagram, Government demand ........

and firm supply ........

Select one:

O a. goods; labor.
O b. Iabor; goods and services.

O c. Iabor; labor.

O d. goods and services; labor.

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