Figure 2-2 -Refer to Figure 2-2.If the Owners of Land,labor,and Capital Are

question 121

Multiple Choice

Figure 2-2
-Refer to Figure 2-2.If the owners of land,labor,and capital are represented by Box B of this circular-flow diagram,then

• A)households are represented by Box A.
• B)firms are represented by Box C.
• C)firms are represented by Box A.
• D)firms are sellers in Box B.

---

Definitions:

Major Area

A primary field of study or specialization in educational, professional, or academic contexts.

Research Psychology

The study of behavior and mind, embracing all aspects of conscious and unconscious experience as well as thought, typically through systematic experimentation and observation.

Psychometrics

The science of measuring mental capacities and processes.

Biological Perspective

An approach in psychology and biology that examines behaviors, emotions, and thoughts in terms of biological factors, such as genetics, brain circuits, and chemicals.