Households

A) have no involvement in the circular flow in a market economy.
B) purchase resources in the factor market.
C) sell goods in the product market.
D) sell resources in the factor market.

Answer: D

Economics

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If a nation's level of military expenditures is just below the optimal level _____

a. the nation's borders will be unprotected b. the nation will not be protecting its interests abroad c. the nation will not be projecting economic force d. it is unclear what the marginal cost will be

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