A government hiring freeze would directly impact what aspect of the circular flow model of a mixed economy?a. businessesb. factor marketc. product marketd. transfer payment

Respuesta :

Answer:

b. factor market

Explanation:

The factor market consists of two main factors plus technology. The main factors are capital and labor. Thus, in a mixed economy the production of goods depends on a combination of these two factors and the technological degree. If the government lowers its hiring, it will affect the labor factor and have a negative impact on the economy's circular financial flow.

Answer:

businesses or product market

Explanation: