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Which term best completes the diagram?

Expenditures
Household
A. Interest rates
B. Human capital
C. Natural resources
OD. Products
?
Product market

User Aabilio
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1 Answer

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The term that best completes the diagram with the given options (Expenditures, Household) is D. Products.

What is the term that completes this

In the context of the relationship between expenditures and households, products are the items or goods purchased by households in the product market. Expenditures represent the money spent by households on various products or goods.

Therefore, within the diagram involving expenditures and households, products are the tangible or intangible items bought and sold in the product market, which is where households make their purchases, completing the economic cycle.

question

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Which term best completes the diagram? Expenditures Household A. Interest rates B-example-1
User Bastiaan Quast
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