The factor market can best be described as where A) households ...

[@Brianna17]

The factor market can best be described as where
 
  A) households buy goods and services.
  B) firms buy goods and services.
  C) firms buy the services of labor, land and capital.
  D) governments sell goods and services.

Question 2

The labor force is defined as the
 
  A) number of people over 16 years of age.
  B) number of people who are working.
  C) sum of employed and unemployed people.
  D) number of people in blue-collar jobs.

[carojassy25]

Answer to Question 1

C

Answer to Question 2

C

[@Brianna17]

Wow, this really help

[patma1981]

Thanks for the timely response, appreciate it