Which of the Following Best Characterizes the Circular Flow of Income

question 133

Multiple Choice

Which of the following best characterizes the circular flow of income?

• A) Households buy goods and services from businesses, and businesses sell goods and services to households.
• B) The government purchases resources from businesses and households and then sells goods and services to businesses and households.
• C) Businesses buy resources from the government, and households buy goods and services from businesses.
• D) Businesses buy resources from households, and households use their income to buy goods and services from businesses.

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Definitions:

Gynecomastia

The enlargement of breast tissue in males, which can occur due to hormonal imbalances, medication side effects, or certain diseases.

Hormonal Changes

Hormonal changes refer to variations in the levels of hormones in the body, which can affect various bodily functions and stages of life, such as puberty, pregnancy, and menopause.

Late Bloomer

An individual who experiences physical or psychological development later than typically expected.

Menarche

The occurrence of the first menstrual cycle in a female, marking the beginning of reproductive capability.