Rent is the payment that a household receives in exchange for providing:
A) capital.
B) entrepreneurship.
C) labor.
D) skills and knowledge.
Correct Answer:
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Q13: Households receive _ as payment for work
Q14: Wages are paid to households in exchange
Q15: Rents are paid to households in exchange
Q16: A business owner receives which of the
Q17: The payment made to the entrepreneurial economic
Q19: In the circular flow model, households:
A) employ
Q20: In the circular flow model, households:
A) supply
Q21: In the circular flow model, a firm
Q22: If an entrepreneur wants the tightest control
Q23: The type of firm that is a
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