Multiple Choice
Scenario 4-1
In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-Households interact with business firms by:
A) buying resource services from business firms.
B) paying wages for the use of labor.
C) selling goods and services to firms.
D) receiving payments from firms for use of resource services.
E) paying rent to firms for the use of land.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Scenario 4-1<br>In a given year, country A
Q4: Scenario 4-1<br>In a given year, country A
Q5: Scenario 4-1<br>In a given year, country A
Q6: Identify the international organization that makes loans
Q7: The term "import" refers to:<br>A)a purchase of
Q9: Scenario 4-1<br>In a given year, country A
Q10: Scenario 4-1<br>In a given year, country A
Q11: Scenario 4-1<br>In a given year, country A
Q12: Scenario 4-1<br>In a given year, country A
Q13: Which of the following is true of