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In the circular flow of economic​ activity, there are two kinds of markets in which firms and households interact. In the factor​ market:___________

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User Destiny
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1 Answer

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Answer: Goods and the services are exchanged

Step-by-step explanation:

The circular flow of the economical activity is refers to the various types of economical relationship in the market economy and the money and the wages are the form which is basically used for purchasing the products and the services.

In the given factor market the various types of products and the services are get exchange by the interaction of organization and the household. It is also helps for calculating the specific national income.

Therefore, Goods and the services are exchanged is the correct answer.

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User Aajkaltak
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