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Derek is a baseball player for the New York Yankees (a professional sports team). Derek receives a large salary from the Yankees, and uses part

Derek is a baseball player for the New York Yankees (a professional sports team). Derek receives a large salary from the Yankees, and uses part of the money to purchase a new car. Derek's salary is an example of an exchange on the ____________ while his car purchase is an example of an exchange on the ______________ .

Market for goods and services; market for goods and services

Factor market; market for goods and services

Market for goods and services; factor market

Factor market; factor market

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