A Real Flow in the Circular Flow Diagram Is

question 46

Multiple Choice

A real flow in the circular flow diagram is
i.a firm's payments of wages to its workers.
ii.a household's purchase of a new car.
iii) a farmer's use of land to grow corn.

• A)i and iii
• B)ii and iii
• C)i only
• D)i, ii and iii
• E)ii only

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Definitions:

Encode

The act of converting ideas into a communicable form, such as language or gestures, during the communication process.

Intended Meaning

The meaning or interpretation that a communicator aims to convey to the listener or reader.

Feedback

Communicates how one feels about something another person has done or said.

Communicates

The process of transmitting information, ideas, emotions, skills, or knowledge from one entity to another through various means.