Business, 18.03.2020 23:08 mayachojnicki

For an economy consisting of households and businesses only, which of the following is consistent with the circular flow of income and production? (A) Households are producers of goods and services and consumers of resources. (B) Households are users of resources, and businesses are sources of saving. (C) Households are suppliers of resources and consumers of goods and services. (D) Businesses are users of taxes, and households are sources of taxes. (E) consumers of goods and services. (C) Households are suppliers of resources and consumers of goods and services.

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For an economy consisting of households and businesses only, which of the following is consistent wi...

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