In the Simplest Circular-Flow Model,households Supply _____ and Demand _____

question 4

Multiple Choice

In the simplest circular-flow model,households supply _____ and demand _____.

• A)capital;barter
• B)wages and income;capital markets
• C)factors of production;goods and services
• D)firms;markets

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Definitions:

"Don't Ask, Don't Tell"

A former policy of the U.S. military that barred openly gay, lesbian, or bisexual persons from military service, while prohibiting military personnel from discriminating against or harassing closeted homosexual or bisexual service members.

Queer Theory

A theoretical perspective that recognizes the socially constructed nature of sexual identity.

Sexual Identity

An individual's identification with a specific sexual orientation, which may include heterosexual, homosexual, bisexual, or other orientations, related to the pattern of one's sexual attraction and experiences.

Socially Constructed

A concept or perception that has been created and developed by society through cultural and social practice rather than naturally occurring.