In the two-entity circular flow, are on the receiving end of payments for goods and services.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter15: The Federal Reserve System And Monetary Policy
Section: Chapter Questions
Problem 3AA
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In the two-entity circular flow,
are on the receiving end of payments for goods
and services.
Select the correct answer below:
O households
firms
O families
O governments
Transcribed Image Text:In the two-entity circular flow, are on the receiving end of payments for goods and services. Select the correct answer below: O households firms O families O governments
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