The Circular Flow Model Shows the Flow of

question 27

Multiple Choice

The circular flow model shows the flow of

• A)only money throughout the economy.
• B)expenditure and income throughout the economy.
• C)only tax payments and government expenditures.
• D)only funds in stock and bond markets.
• E)goods market and factor markets as they move through the economy.

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Definitions:

Group Means

The average values obtained from the data points of each group or category under examination in a study.

Statistical Significance

Indicating that the observed results are unlikely to occur by chance alone, according to a predetermined threshold of probability.

Null Hypothesis

The hypothesis that there is no significant difference between specified populations, any observed difference being due to sampling or experimental error.

Research Hypothesis

A statement predicting a significant relationship between variables that is tested through research.