Author Question: Which of the four types of decision makers in the U.S. economy plays the largest role? a. U.S. ... (Read 92 times)

burton19126 · **on:** Jul 1, 2018

Which of the four types of decision makers in the U.S. economy plays the largest role?
a. U.S. firms and government because they produce the products that households consume
b. U.S. households because they supply goods to the product markets and are demanders in resource markets
c. foreign households, firms, and governments because they greatly outnumber those of the United States
d. U.S. firms and government because they create employment for domestic households and produce goods and services
e. U.S. households, as buyers in product markets and sellers in resource markets

Question 2

Considering both product markets and resource markets, most economic decision makers participate in the economy as both buyers and sellers.
a. True
b. False