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How does the Circular Flow Model illustrate the relationship between households and businesses in the Resource Market?(1) (1 Point) Households provide resources such as labor land, and capital to businesses, and in return receive wages, rents, and profits. Households purchase resources from businesses and resell them to the government. Businesses provide resources to households in exchange for wages. Households sell goods and services to businesses.

Problemas

How does the Circular Flow Model illustrate the relationship between households and
businesses in the Resource Market?(1) (1 Point)
Households provide resources such as labor land, and capital to businesses, and in return receive wages,
rents, and profits.
Households purchase resources from businesses and resell them to the government.
Businesses provide resources to households in exchange for wages.
Households sell goods and services to businesses.

How does the Circular Flow Model illustrate the relationship between households and businesses in the Resource Market?(1) (1 Point) Households provide resources such as labor land, and capital to businesses, and in return receive wages, rents, and profits. Households purchase resources from businesses and resell them to the government. Businesses provide resources to households in exchange for wages. Households sell goods and services to businesses.

Solución

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Giovannamaestro · Tutor durante 5 años
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3.8 (291 votos)

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Households provide resources such as labor, land, and capital to businesses, and in return, receive wages, rents, and profits.
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