Multiple Choice
Households
A) have no influence on 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.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Table 2-17<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Table 2-17
Q34: Table 2-16<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Table 2-16
Q35: Is it possible for a firm to
Q71: What does the term "increasing marginal opportunity
Q103: Comparative advantage means the ability to produce
Q136: Figure 2-16 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4188/.jpg" alt="Figure 2-16
Q161: If a country produces only two goods,
Q196: For a person to have a comparative
Q201: If the production possibilities frontier is _,
Q254: Economic decline (negative growth)is represented on a