Which of the Following Are Separate Flows in the Circular

question 42

Multiple Choice

Which of the following are separate flows in the circular flow model?

• A)the flow of goods and the flow of services
• B)the flow of costs and the flow of revenue
• C)the flow of income earned from the sale of resources and the flow of expenditures on goods and services
• D)the flow of income received by households and the flow of tax revenues paid by households

---

Definitions:

Controller Program

A specific set of coded instructions designed to be executed by a machine controller, such as a PLC, to perform specific tasks or operations.

MCR Instruction

A Master Control Reset instruction, typically used in programmable logic controllers (PLCs) to control the operation of blocks of logic or functions.

Circuit

A closed loop or pathway that allows for the flow of electricity, consisting of various electrical components such as resistors, capacitors, and inductors.