According to the simple circular-flow model, which of the following do firms buy from households?
A) natural resources, such as oil and minerals
B) goods and services
C) inventions and innovations
D) labour
Correct Answer:
Verified
Q14: Which of the following is the correct
Q15: What is the goal of macroeconomics?
A)to explain
Q16: Which of the following topics are studied
Q17: In an economy consisting of only households
Q18: If Robert works as a lawyer, how
Q20: What do macroeconomists study?
A)decisions of households and
Q21: If Susan decides to change the oil
Q22: Which of the following is NOT included
Q23: Roommates Grace and Kelly are sharing household
Q24: How is the value of housing service
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