Asked by ashlee clowers on May 13, 2024

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By which means does the consumption sector supply money to the production sector?

A) Product purchases
B) Wages
C) Labor services
D) Supply of goods and services

Consumption Sector

A segment of the economy focused on the purchasing and use of goods and services by individuals and households.

Production Sector

The segment of the economy concerned with the production of goods and services, including agriculture, manufacturing, and construction.

Product Purchases

Transactions involving the buying of goods or services for commercial purposes or for use in production.

  • Gain insight into the processes by which financial markets assist in the transfer of funds between the consumption and production sectors.
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CG
Cindy GuzmanMay 16, 2024
Final Answer :
A
Explanation :
The consumption sector supplies money to the production sector through product purchases. When consumers buy goods and services from producers, they pay for these products, which in turn provides revenue to the producers. This revenue can then be used by the production sector to pay for labor services, wages, and other expenses.