Which of the Following Statements Is Correct

question 293

Multiple Choice

Which of the following statements is correct?

• A) Households supply both labor and non-labor resources.
• B) In the circular flow model, incomes and resources flow in the same direction.
• C) The four main factors of production are water, land, entrepreneurial ability, and energy.
• D) Owners of factors of production pay income to firms.

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Definitions:

Fear Conditioning

A learning process where an organism learns to associate a neutral stimulus with an adverse event, leading to a conditioned response to the originally neutral stimulus.

Eyeblink Conditioning

A form of classical conditioning where a subject learns to blink in response to a previously neutral stimulus that has been paired with a stimulus that naturally elicits blinking.

Brain

An organ in the central nervous system of animals, responsible for processing sensory information, regulating bodily functions, and facilitating cognition and memory.

Paradigms

Established sets of concepts or methodological practices within a scientific discipline or other organizational framework.