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Solved: Identify each of the sectors to which firms make sales. What are the various
Chapter 0, Problem 2(choose chapter or problem)
QUESTION:
Identify each of the sectors to which firms make sales. What are the various ways in which households are linked with other sectors of the economy?
Questions & Answers
QUESTION:
Identify each of the sectors to which firms make sales. What are the various ways in which households are linked with other sectors of the economy?
ANSWER:Step 1 of 5
It has been observed that in most economies, the firms sell their respective products or services to other firms within a nation and even to other three major sectors like the Government, the domestic households, and the foreign countries.