
The factors of production owned by households are
A) resources.
B) commodities and income.
C) goods and services.
D) consumer products.
E) land, labor, capital, and entrepreneurial ability.
Correct Answer:
Verified
Q66: Who formulates fiscal policy in the United
Q67: When net exports are negative,
A) there is
Q68: Which of the following is true of
Q69: Which of the following statements is true?
A)
Q70: The money that businesses pay for resources
Q72: The U.S. federal government had a budget
Q73: A budget surplus is
A) the excess that
Q74: The circular flow model
A) describes microeconomic activity
Q75: The resource market does not incorporate the
Q76: In the circular flow model, businesses
A) own
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents