The Circular Flow Model Shows That

question 50

Multiple Choice

The circular flow model shows that:

• A)households are on the demand side of the resource market.
• B)firms are on the demand side of both the product and resource markets.
• C)households are on the supply side of the resource market and the demand side of the product market.
• D)firms and governments are on the supply side of the loanable funds market.
• E)governments are on the demand side of the product market and the supply side of the resource market.

---

Definitions:

Trademark Dilution

The lessening of the distinctive quality of a trademark due to unauthorized use.

Customer Confusion

Uncertainty experienced by consumers, often due to similar branding or products, potentially leading to mistaken identity of businesses or items.

Trademark Registration

The process of legally securing exclusive rights to use a distinctive sign, design, or expression representing products or services to the registering authority.

Secondary Meaning

The association of a trademark with a particular product or service in the minds of the consuming public, distinguishing it from its literal or primary meaning.