In the Circular-Flow Diagram,the Places Where Resources,especially Capital and Labour,are

question 223

Multiple Choice

In the circular-flow diagram,the places where resources,especially capital and labour,are bought and sold are the:

• A) product markets.
• B) factor markets.
• C) households.
• D) firms.

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A theory in ethics which suggests that the correctness of an action depends on whether it conforms to a set of rules that, if universally followed, would lead to the greatest good for the greatest number.

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