The role of markets：练习题

• a.

  A system where only digital transactions take place

• b.

  A place where the government decides the prices of all products

• c.

  A way for buyers and sellers to communicate and exchange goods and services

• d.

  A physical building where agricultural goods are sold

• a.Firms buy goods from households in the factor market
• b.The government provides all services in the factor market
• c.Firms buy labour in the factor market and households buy goods in the product market
• d.Households buy factors of production in the product market

• a.

  Factor sector

• b.

  Primary sector

• c.

  Secondary sector

• d.

  Tertiary sector

• a.

  Factor markets only involve the government, while product markets only involve consumers

• b.

  The product market determines the supply of natural resources in the factor market

• c.

  Firms buy factors of production to produce goods, which are then sold to households in the product market

• d.

  Households sell finished goods to firms in the factor market to earn a profit

• a.A high street bank
• b.A car manufacturing factory
• c.A coal mine
• d.A secondary school

先自己写一遍答案，再对照解题步骤。

先自己写一遍答案，再对照解题步骤。