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Questions and Answers
What do households sell to firms?
What do households sell to firms?
- Goods and services
- Stocks and bonds
- Factors of production (correct)
- Financial assets
What do firms pay to households for the services of capital?
What do firms pay to households for the services of capital?
- Wages
- Profit
- Interest (correct)
- Rent
Which factor of production receives profit?
Which factor of production receives profit?
- Capital
- Labour
- Land
- Entrepreneurship (correct)
