The market for labor services is included in the
A) loanable funds market.
B) goods and services market.
C) resource market.
D) financial market.

Question

Quizplus · Accepted Answer

The labor market is a part of the resource market, where factors of production, such as labor, land, and capital, are bought and sold. The loanable funds market and financial market deal with the exchange of funds and financial assets, while the goods and services market is where final products and services are bought and sold.

The Market for Labor Services Is Included in the