In the goods market, households and firms both have a role to play. In the factor markets

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In the goods market, households and firms both have a role to play. In the factor markets these roles are reversed. Why does the reversal occur?

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Foundations of Macroeconomics

ISBN: 978-0132831000

6th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: Mar 04, 2016 07:32 AM

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In the goods market, households and firms both have a role to play. In the factor markets

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Households are the buyers in the goods market and firms are the sellers In ...View the full answer

Foundations of Macroeconomics

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