In the Expanded Circular Flow Diagram, the Government Supplies

question 138

Multiple Choice

In the expanded circular flow diagram, the government supplies

• A) goods and services to the product market.
• B) factors of production to the factor market.
• C) goods and services to households.
• D) factors of production to firms.

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Definitions:

White Nationalist Identification

An ideology that emphasizes racial purity and promotes the social, political, and economic dominance of white people, often marked by a strong sense of white identity and nationalism.

Boundary Work

Activities undertaken by social groups to create, maintain, or modify the divisions and distinctions that define and separate them from others, often based on race, ethnicity, class, or profession.

Racial Relations

The interactions and relationships between people of different racial backgrounds, including the dynamics of power, prejudice, and cooperation.

Exclusivity

A policy or situation where certain services, products, or privileges are restricted to a specific group or individual.