The Circular Flow Diagram

question 56

Multiple Choice

The circular flow diagram:

• A)focuses on the flow of knowledge.
• B)abstracts from the complexity of the real life economies.
• C)does not include the resource markets and goods markets.
• D)is not concerned with the interaction of individuals and firms in the economy.

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Definitions:

Abstinence

The practice of abstaining from indulging in a habit or substance, especially alcohol, drugs, or sexual activity.

Seminiferous Tubule

The highly coiled tubules within the testes where spermatogenesis, the process of sperm production, occurs.

Vas Deferens

The duct that conveys sperm from the testicle to the urethra in male mammals.

Semen

A fluid containing spermatozoa and secretions from male reproductive organs, which is capable of fertilizing female ova.