Question 6 (1 point) (02.01 LC) Which of the following is true in the circular flow model of the economy? O a O b O O Ho
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Question 6 (1 point) (02.01 LC) Which of the following is true in the circular flow model of the economy? O a O b O O Ho
Question 6 (1 point) (02.01 LC) Which of the following is true in the circular flow model of the economy? O a O b O O Households are demanders in the output market and demanders in the input market. Firms.are.demanders in the output market and demanders in the input market. Households are demanders in the output market and suppliers in the input market. d Households are suppliers in the output market, and firms are suppliers in the input market. e Firms are suppliers in the output market, and households are demanders in the input market. O