Households

question 87

Multiple Choice

Households

• A)have no involvement in the circular flow in a market economy.
• B)purchase resources in the factor market.
• C)sell goods in the product market.
• D)sell resources in the factor market.

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Definitions:

Myelin Loss

The deterioration or destruction of the myelin sheath surrounding nerve fibers, often leading to neurological disorders such as multiple sclerosis.

Plaque

Deposits of fatty substances, cholesterol, cellular waste products, calcium, and fibrin in the inner lining of an artery, which can lead to cardiovascular disease.

Domino Effect

A chain reaction where a small change causes a similar change nearby, leading to a sequence of events with potentially large impacts.

Absolutely Refractory Period

A phase immediately following the firing of a nerve in which the neuron is unable to fire again, ensuring the unidirectional flow of nerve impulses.