Which of the Four Types of Decision Makers in the U.S.economy

question 23

Multiple Choice

Which of the four types of decision makers in the U.S.economy plays the largest role?

• A)U.S.firms and government because they produce the products that households consume
• B)U.S.households because they supply goods to the product markets and are demanders in resource markets
• C)foreign households, firms, and governments because they greatly outnumber those of the United States
• D)U.S.firms and government because they create employment for domestic households and produce goods and services
• E)U.S.households, as buyers in product markets and sellers in resource markets

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Definitions:

Concordance

The agreement or harmony between people or things; in genetics, it refers to the presence of the same trait in both members of a pair of twins or in sets of individuals.

Monozygotic Twins

Twins that result from the splitting of a single fertilized egg, sharing nearly 100% of their genes, also known as identical twins.

Divorce

The legal dissolution of a marriage by a court or other competent body.

Children Each Year

A reference to the number or data related to children that is compiled or noted on an annual basis.