In the circular flow model, which of the following is on the selling side in the goods market?

Question

Quizplus · Accepted Answer

The selling side in the goods market refers to the producers or suppliers of goods and services. Firms are the ones that produce goods and services, and they sell them in the goods market to households, government, and other firms. Therefore, option C is the correct answer. Exporters may also sell goods in the goods market, but they are a subset of firms. Option B, D, and E are not entirely accurate as they do not exclusively represent the selling side in the goods market.

In the Circular Flow Model, Which of the Following Is