What is true regarding the circular flow of the market economy? - ProProfs Discuss
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What is true regarding the circular flow of the market economy?



A. Households are sellers in resource markets and buyers in goods markets
B. Households are buyers in resources markets and sellers in goods markets
C. Firms are sellers in resource markets and buyers in goods markets
D. Households are excluded and only firms are represented

This question is part of Microeconomics Exam #1
Asked by Wlkg, Last updated: Dec 05, 2017

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1 Answer

wlkg

Wlkg

Answered on Nov 13, 2017

Households are sellers in resource markets and buyers in goods markets
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