Which of the following is true in the markets for factors of production in the circular-flow diagram,   a. households provide firms with labor, land, and capital. b. households provide firms with savings for investment. c. firms provide households with goods and services. d. firms provide households with revenue.

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Chapter2: Thinking Like An Economist
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Which of the following is true in the markets for factors of production in the circular-flow diagram,
 
a. households provide firms with labor, land, and capital.
b. households provide firms with savings for investment.
c. firms provide households with goods and services.
d. firms provide households with revenue.
 
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