Which of the following correctly matches buyers and sellers in the goods market and factor market?

Question

Accepted Answer

In the goods market, households are buyers and firms are sellers; in the factor market, firms are buyers and households are sellers.

Answer

The goods and factor markets are the same since both involve money transactions.

Answer

In the goods market, firms buy from households; in the factor market, households buy from firms.

Answer

In both markets, households are always buyers and firms are always sellers.

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