In the Circular-Flow Diagram

question 192

Multiple Choice

In the circular-flow diagram,

• A)firms are buyers in the markets for goods and services.
• B)households are sellers in the markets for the factors of production.
• C)firms are sellers in the markets for factors of production and in the markets for goods and services.
• D)dollars that are spent on goods and services flow directly from firms to households.

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Definitions:

Vertebrae

The series of small bones forming the backbone, providing support and protection for the spinal cord.

Sternum

The long flat bone located in the center of the chest, connected to the rib bones, and helps protect the heart and lungs.

Nasal Septum

The partition made of bone and cartilage separating the nasal cavity into two nostrils.

Ethmoid

A spongy bone located between the eyes that forms part of the nasal cavity and the floor of the cranium.