________ choose the quantities of factors of production to hire and ________ choose the quantities of goods and services to produce.
A) Entrepreneurs; firms
B) Firms; firms
C) Markets; markets
D) Factor markets; goods markets
E) Firms; households
Correct Answer:
Verified
Q158: Property taxes are a major source of
Q159: Of the following,the federal government's largest source
Q160: State and local governments spend about _
Q161: Of the following,the largest source of revenue
Q162: In the circular flow model,the expenditures on
Q164: In the circular flow model,rent,wages,interest,and profit paid
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