In a circular-flow model, households supply all of the following except
A)labor
B)goods and services
C)capital
D)entrepreneurial ability
E)natural resources

Name: In a circular-flow model, households supply all of the following except A)labor B)goods and services C)capital D)entrepreneurial ability E)natural resources
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Question

Quizplus · Accepted Answer

Households supply labor, capital, entrepreneurial ability, and natural resources, but they do not supply goods and services; firms supply goods and services.

In a Circular-Flow Model, Households Supply All of the Following