All public agencies, government bodies, and organization under the control of the various levels of government are called factor markets.

Question

Quizplus · Accepted Answer

Public agencies, government bodies, and organizations under the control of various levels of government are considered part of the public sector, not the factor market. The factor market consists of markets for factors of production such as labor, capital, land, and entrepreneurship.

All Public Agencies, Government Bodies, and Organization Under the Control