The simple circular flow model shows that workers and capital owners offer their services to firms through the
A)product markets.
B)resource markets.
C)money markets.
D)financial markets.

Question

Quizplus · Accepted Answer

In the simple circular flow model, workers and capital owners offer their services to firms through the resource markets. This is where firms acquire the inputs or resources needed for production, such as labor, land, and capital.

The Simple Circular Flow Model Shows That Workers and Capital