Which of the four types of decision makers in the U.S.economy plays the largest role?
A) U.S.firms and government because they produce the products that households consume
B) U.S.households because they supply goods to the product markets and are demanders in resource markets
C) foreign households, firms, and governments because they greatly outnumber those of the United States
D) U.S.firms and government because they create employment for domestic households and produce goods and services
E) U.S.households, as buyers in product markets and sellers in resource markets
Correct Answer:
Verified
Q46: Goods and services are exchanged in
A)product markets
B)resource
Q47: The difference between a good and a
Q48: A market
A)is often a physical place
B)facilitates exchanges
Q49: The labor market is an example of
Q50: Goods and services are scarce because
A)people are
Q52: Which of the following is a service?
A)a
Q53: Even if something has a price of
Q54: The expression "There's no such thing as
Q55: Unlike a "service, " a "good"
A)is desirable
B)uses
Q56: Which of the following is a service?
A)anything
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