Multiple Choice
Which of the following statements is CORRECT?
A) Households supply both labor and nonlabor resources.
B) In the circular flow model,incomes and resources flow in the same direction.
C) The four main factors of production are water,land,entrepreneurial ability,and energy.
D) Owners of factors of production pay income to firms.
Correct Answer:
Verified
Correct Answer:
Verified
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