Exhibit 1.2

-Refer to the circular-flow model in Exhibit 1.2.Households supply ________ to firms through resource markets.
A) goods and services
B) products
C) labor, capital, natural resources, and entrepreneurial ability
D) resources
E) wages, interest, rent, and profit
Correct Answer:
Verified
Q41: In the simple circular flow model, the
Q42: Exhibit 1.1 Q48: Exhibit 1.1 Q49: Exhibit 1.2 Q51: Exhibit 1.1 Q53: Exhibit 1.1 Q54: The labor market is an example of: Q57: The assumption that individuals act rationally implies Q59: In the circular-flow model, firms demand all Q60: Exhibit 1.1 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
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