Refer to the Circular Flow Model of the Economy

question 105

Multiple Choice

Refer to the circular flow model of the economy.In the diagram flow (4) represents:

• A)wage, rent, interest, and profit income.
• B)land, labour, capital, and entrepreneurial ability.
• C)goods and services.
• D)consumer expenditures.

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Definitions:

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Plain Language

Writing that is clear, concise, well-organized, and follows other best practices to make information accessible and understandable to as many people as possible.

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A form of professional communication that includes emails, reports, proposals, and memos, focused on clear and concise language.