Households act as suppliers when they provide
A) goods and services to firms and governments
B) resources to firms and governments
C) tax payments to governments
D) the demand for only what firms supply or make available
E) money to firms in exchange for goods and services
Correct Answer:
Verified
Q1: Mark and Charles are roommates at college.Each
Q2: Households act as demanders when they demand
A)that
Q4: The term "utility" means
A)satisfaction
B)a low-valued good
C)productivity
D)adaptability
E)efficiency
Q5: If the real wage decreases, the opportunity
Q6: The statement "Households maximize utility" means that
Q7: Which of the following is one of
Q8: The objective of the household is to
A)maximize
Q9: Roxanne and Eileen live in an apartment
Q10: Which of the four types of economic
Q11: Economists generally assume that
A)firms act to maximize
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