6 In the simple circular flow of economic activity, goods and services flow via A. factor markets to goods markets. B. factor markets from households to firms. C. goods markets from firms to households. D. goods markets from households to firms.
6 In the simple circular flow of economic activity, goods and services flow via A. factor markets to goods markets. B. factor markets from households to firms. C. goods markets from firms to households. D. goods markets from households to firms.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter4: Labor And Financial Markets
Section: Chapter Questions
Problem 14RQ: Are households demanders or suppliers in the goods market? Are firms demanders or suppliers in the...
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