Refer to the Circular Flow Model of the Economy

question 109

Multiple Choice

Refer to the circular flow model of the economy.In the diagram flow (1) 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:

Contingency Anchor

A reference or standard used to anticipate and prepare for potential future scenarios or outcomes.

Organizational Behavior

The study of how people interact within groups, particularly in work settings, and how this affects the organization's functioning.

Counterproductive Work Behavior

Actions by employees that harm the well-being of an organization or its members.

Theft

The act of stealing; taking someone else's property without permission or legal right and without intending to return it.