Problemas
What's another name for the resource market?[4) (5 Points) Labor Market Capital Market Financial Market Factor Market
Roztwór
Ernesto
veterano · Tutor durante 11 años
4
(215 Votos)
Respuesta
D
Explicación
## Step 1The resource market is also known as the factor market. This is because it is a market where resources or factors of production such as labor, land, and capital are bought and sold. ## Step 2The labor market is a subset of the resource market, focusing specifically on the buying and selling of labor. ## Step 3The capital market and financial market are different types of markets. The capital market is where long-term debt or equity-backed securities are bought and sold, while the financial market is a broader term that includes the capital market and other markets where financial instruments are traded.