In the Circular Flow Model for an Economy That Produces

question 136

Multiple Choice

In the circular flow model for an economy that produces only consumption goods:

• A) factor incomes flow from households to firms.
• B) factors of production flow from households to firms.
• C) factor incomes flow from households to firms and to the government.
• D) factors of production flow from firms to households.

---

Definitions:

Lacrimal

Pertaining to tears or the glands that produce tears.

Maxillary

Pertaining to the jaw or jawbone, specifically the upper jaw represented by the maxilla bone.

Nasal Conchae

Scroll-like, bony structures located within the nasal cavity that help to increase the surface area for air filtration, humidification, and temperature control.

Ethmoid

A spongy, cuboid-shaped bone at the base of the skull, critical in the formation of the nasal cavity, orbits, and the floor of the anterior cranial fossa.