Goods and services are sold

A) only as intermediate goods. B) by households.
C) in the factor markets. D) in the product markets.


D

Economics

You might also like to view...

Classical growth theory predicts that increases in

A) competition increase economic growth. B) real GDP per person are temporary and not sustainable. C) resources permanently increase real GDP per person. D) real GDP per person are permanent and sustainable. E) resources permanently increase labor productivity.

Economics

The aggregate demand curve is downward sloping because a higher price level induces producers to produce more

Indicate whether the statement is true or false

Economics

It is inappropriate and ultimately foolish to respond to the disruptions of international trade by trying to restrict trade through __________ decisions.

a. policy b. political c. consumer d. business

Economics

If the interest rate rises, then firms' investment spending:

A. falls. B. also rises. C. remains unchanged D. reacts unpredictably.

Economics