Households

question 87

Multiple Choice

Households

• A)have no involvement in the circular flow in a market economy.
• B)purchase resources in the factor market.
• C)sell goods in the product market.
• D)sell resources in the factor market.

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Definitions:

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Pertaining to mental processes, including perception, memory, judgment, and reasoning, as related to the acquisition, understanding, and use of knowledge.

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