The Circular-Flow Diagram

question 85

Multiple Choice

The circular-flow diagram

• A)is an economic model.
• B)incorporates two types of decision makers: households and firms.
• C)represents the flows of inputs,outputs,and dollars.
• D)All of the above are correct.

---

Definitions:

Behavior Tendencies

Patterns or inclinations in actions and reactions of individuals, often influenced by external and internal factors.

Evolutionary Psychologist

A professional who studies the psychological adaptations of humans to the changing physical and social environment, especially focusing on how specific human traits evolve over time.

Biopsychologist

A scientist who studies how biological processes influence behaviors, thoughts, and feelings.

Electrical Activities

The movements of electrons or charged particles, often observed in biological systems, electrical circuits, and atmospheric phenomena.