An Example of a Real Flow in the Circular Flow

question 16

Multiple Choice

An example of a real flow in the circular flow diagram is

• A) Nike's payment of wages to workers in China.
• B) your council's collection of property taxes.
• C) a household's supply of work effort at its new business.
• D) the government's payment of wages to a soldier.
• E) a teacher's salary at the local high school.

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Definitions:

Temporal

Relating to time or the sequential order in which events occur.

Casual

An informal, relaxed approach or style, often applied to dress codes, conversation, or workplace environment.

Intuitive Judgments

Decision making that is based on instinctive feelings rather than conscious reasoning or detailed analysis.

Devil's Advocate

An individual who puts forward a controversial view with the aim of sparking discussion or assessing the robustness of counterarguments.