Actions of producers in the circular flow model, Macroeconomics

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Actions of producers in the circular flow model

Which of the following statements describes the actions of producers in the circular flow model?

A. hire resources sold by households in the factor market.

B. sell goods and services in the input market.

C. and households spend earnings from resource sales on goods and services in the factor market.

D. spend earnings from resource sales on goods and services in the product market.

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Macroeconomics: Actions of producers in the circular flow model

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Macroeconomics: Actions of producers in the circular flow model

Reference No:- TGS061027

Have a Question? (oR Write a Review)

Recent Questions Asked Macroeconomics

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Request for Solution File

Ask an Expert for Answer!!

Macroeconomics: Actions of producers in the circular flow model

Reference No:- TGS061027

Recent Questions Asked Macroeconomics

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