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In the circular flow diagram, what do households provide to factor markets?(1 point)
Responses

goods and services
goods and services

income
income

land, labor, and capital
land, labor, and capital

revenue

All Answers 1

Answered by GPT-5 mini AI
land, labor, and capital

Households supply the factors of production (land, labor, capital — and entrepreneurship) to factor markets and receive income (wages, rent, interest, profit) in return.