In the Circular-Flow Diagram, Which Flows Are Involved

question 81

Multiple Choice

In the circular-flow diagram, which flows are involved?

• A) Income from factors of production flows from firms to households.
• B) Goods and services flow from households to firms.
• C) Factors of production flow from firms to households.
• D) Spending on goods and services flow from firms to households.

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Definitions:

Personality Constructs

Theoretical models used to describe and understand the individual differences in people's thoughts, feelings, and behaviors.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for concepts such as the collective unconscious and archetypes.

Object-relations Theory

A psychoanalytic theory focusing on relationships with others, suggesting that individuals relate to others based on early experiences with primary caregivers.

Unconscious Representations

Mental processes and content not immediately accessible to conscious awareness but influencing thoughts, feelings, and behaviors.