In the Circular-Flow Diagram, Households and Firms Are the Decision

question 258

True/False

In the circular-flow diagram, households and firms are the decision makers.

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Definitions:

Functional Play

A type of play in which children engage, using toys or objects according to their intended function.

Intellectual Stimulation

The process of engaging the mind and promoting thinking, often through exploring new ideas, problem-solving, and creative expression.

Shared Interests

Common activities, hobbies, or passions that provide a basis for relationships or social interactions.

Shared Activities

Tasks or events in which two or more individuals participate together, often fostering social connections or mutual experiences.