Jim is being paid $7.25 an hour to work at a restaurant. In the circular flow, this is an example of a:
household selling a resource in the factor market.
household buying goods and services in the factor market.
household buying goods and services in the product market.
business selling goods and services in the product market.
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Home » Business » Jim is being paid $7.25 an hour to work at a restaurant. In the circular flow, this is an example of a: household selling a resource in the factor market. household buying goods and services in the factor market.