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Exhibit 1.2 -Refer to the Circular-Flow Model in Exhibit 1.2. Households Supply

Question 2

Multiple Choice

Exhibit 1.2
Exhibit 1.2 -Refer to the circular-flow model in Exhibit 1.2. Households supply ________ to firms through resource markets. A) goods and services B) products C) labor, capital, natural resources, and entrepreneurial ability D) guidance E) wages, interest, rent, and profit
-Refer to the circular-flow model in Exhibit 1.2. Households supply ________ to firms through resource markets.


A) goods and services
B) products
C) labor, capital, natural resources, and entrepreneurial ability
D) guidance
E) wages, interest, rent, and profit

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