In a circular flow model consisting of the household sector, the business sector, product markets, and resource markets:
A. businesses are sellers of products.
B. households are sellers of products.
C. resource markets are sellers of products.
D. households are buyers of productive resources.
Answer: A
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What will be an ideal response?
If I = S, then
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The aggregate demand curve illustrates a relationship between
What will be an ideal response?