Which One of the Following Statements Is True

question 103

Multiple Choice

Which one of the following statements is true?

• A) Prices and quantities in individual markets are determined by the government.
• B) In the factor markets, labour is owned by businesses and supplied to households.
• C) In the factor markets, businesses supply labour in return for money repayments.
• D) Households supply labour to businesses in return for wages and salaries.

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Definitions:

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Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body, coordinating actions and sensory information.

Cardiovascular

Related to the heart and blood vessels, encompassing the overall health and function of the circulatory system.