In the Circular-Flow Model, Households

question 124

Multiple Choice

In the circular-flow model, households:

• A) receive transfer payments from the government.
• B) buy resources in the factor markets.
• C) sell products in the market for goods and services.
• D) issue stocks and bonds to raise capital.

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Definitions:

Pneumotaxic Center

An area of the brain located in the upper pons that regulates the pattern of breathing by inhibiting inspiration.

Ventral Respiratory Group

The ventral respiratory group is a cluster of neurons in the medulla oblongata of the brain responsible for generating the basic rhythm of breathing and controlling involuntary respiratory patterns.

Eupnea

Normal, good, unlabored ventilation, often refers to the normal breathing at rest.

Inspirations

The act of inhaling or drawing air into the lungs as part of breathing.