In the context of the circular flow of economic activity, which of the following would NOT be a traditional activity of the government? O A. Purchases of capital goods from firms. O B. Provision of factors of production. O C. Provision of public goods and services. O D. Purchases of labour services from households.
In the context of the circular flow of economic activity, which of the following would NOT be a traditional activity of the government? O A. Purchases of capital goods from firms. O B. Provision of factors of production. O C. Provision of public goods and services. O D. Purchases of labour services from households.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter1: Welcome To Economics!
Section: Chapter Questions
Problem 18RQ: What are the three ways that societies can organize themselves economically?
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