Households:
A)own and sell resources.
B)play a very minor role in the economy.
C)supply goods and services.
D)are the largest purchasers of resources.
E)set the price for goods.

Name: Households: A)own and sell resources. B)play a very minor role in the economy. C)supply goods and services. D)are the largest purchasers of resources. E)set the price for goods.
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Question

Quizplus · Accepted Answer

Households own and sell resources such as labor, land, and capital, which they provide to firms in exchange for income.