One role of households in the circular flow model is that of ______.
a. distributing goods and services
b. purchasing goods and services
c. selling goods and services
d. producing goods and services
b. purchasing goods and services
Economics
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Which of the following contributes to an increase in labor productivity?
A) increased consumption expenditure B) decreased investment C) increased capital stock D) All of the above contribute to an increase in labor productivity.
Economics
"Economics deals with human needs." Do you agree or disagree? Why?
What will be an ideal response?
Economics