Which of the following transactions would occur in a resource market?
A) Taking a job designing websites.
B) Renting an automobile while on vacation.
C) Taking your dog to the vet for a check-up.
D) Purchasing a computer to do your class assignments.
Correct Answer:
Verified
Q27: The basic circular flow model includes:
A) businesses,
Q28: In a circular flow model of a
Q29: In a circular flow model of a
Q30: In a circular flow model of a
Q31: In a circular flow model of a
Q33: Which of the following transactions would occur
Q34: In input markets:
A) all factors except entrepreneurship
Q35: In output markets:
A) households are buyers and
Q36: In the circular flow model:
A) resources go
Q37: According to the circular flow model, money
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