9
AssignmentDropdown

Introduction to Macroeconomics

Question 9 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

Households provide to firms, which assists in the production of goods and services.

Answer
A
factors of production
B
income

Explanation

Households supply firms with factors of production, such as labor, land, and capital. Firms use these resources to produce goods and services; income is generally what households receive in return.

AI-written and checked against the verified answer.

Previous
Next