For clarity, economists usually group individual buyers and sellers into sectors. Which is not a component in the model?
A) Households
B) Government
C) Firms
D) Foreign Countries
E) Homeland Security
Correct Answer:
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Q1: What are the major sectors that make
Q2: The stereotypical household of husband, wife, and
Q3: In 2011, U.S. consumption spending was approximately
A)
Q4: The largest percentage of households in the
Q6: In economics, one or more persons who
Q7: A householder is defined as:
A) The group
Q8: Macroeconomists tend to focus on
A) the operations
Q9: A household is defined as
A) families of
Q10: A household may consist of
A) Related family
Q11: Which of the following best characterizes a
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