This topic contains a solution. Click here to go to the answer

Author Question: Households act as suppliers when they provide a. goods and services to firms and governments b. ... (Read 154 times)

fox

  • Hero Member
  • *****
  • Posts: 540
Households act as suppliers when they provide
 a. goods and services to firms and governments
  b. resources to firms and governments
  c. tax payments to governments
  d. the demand for only what firms supply or make available
  e. money to firms in exchange for goods and services

Question 2

Which of the four types of economic decision makers is most important?
 a. firms, because they produce all goods and services in the economy
  b. households, because they demand goods and services and supply resources
  c. government, because it ultimately sets and enforces the rules of the game
  d. government, because it steps in when there is market failure
  e. the rest of the world, because there are over 150 countries



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jayson

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

B

Answer to Question 2

B




fox

  • Member
  • Posts: 540
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library