Households are both owners of the factors of production as well as consumers of goods and services produced by firms.
Respuesta
True
False
Pregunta 2
Pregunta
Firms own and control the factors of production and produce goods and services for households to consume.
Respuesta
True
False
Pregunta 3
Pregunta
Firms borrow $5m from commercial banks in order to purchase new machinery for production. Select the appropriate sector, money flow and description this item would fall under in the CFI.