1. In a market system, who decides what goods and services are produced and how they are produced, and who obtains the goods and services that are produced?

2. What is a household, and what is household income and spending?

3. What is a business firm, and what is business spending?

4. How does the international sector affect the economy?

5. How do the three private sectors-households, businesses, and the international sector-interact in the economy?