In the two-entity circular flow, are on the receiving end of payments for goods and services.

Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter19: Labor And Entrepreneurship: The Human Inputs
Section: Chapter Questions
Problem 13DQ
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In the two-entity circular flow,
are on the receiving end of payments for goods
and services.
Select the correct answer below:
O households
firms
O families
O governments
Transcribed Image Text:In the two-entity circular flow, are on the receiving end of payments for goods and services. Select the correct answer below: O households firms O families O governments
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