Solved

In the Circular-Flow Diagram, a Household Is

Question 49

Multiple Choice

In the circular-flow diagram, a household is:


A) an entity that sells goods and services.
B) an individual or group of people who share their income.
C) an entity that purchases factors of production.
D) a member of a group that is prohibited from buying imported goods and services.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions