In the actual economy, goods and services are purchased by

Name: In the actual economy, goods and services are purchased by
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In the actual economy, all three entities—households, firms, and the government—participate in the purchase of goods and services. Households buy goods and services for personal consumption, firms purchase them for production and operational needs, and the government acquires goods and services for public services and infrastructure.

In the Actual Economy, Goods and Services Are Purchased by