When a Firm Sells a Good or a Service,the Sale

question 161

Multiple Choice

When a firm sells a good or a service,the sale contributes to the nation's income

• A)only if the buyer of the good or service is a household.
• B)only if the buyer of the good or service is a household or another firm.
• C)whether the buyer of the good or a service is a household, another firm, or the government.
• D)We have to know whether the item being sold is a good or a service in order to answer the question.