Which of the Following Best Illustrates the Circular Flow Model

question 22

Multiple Choice

Which of the following best illustrates the circular flow model in action?

• A)Bobbie goes to work and builds cars; she uses the income she receives to buy food at the grocery store.
• B)Evan buys a new couch; the owner of the furniture store uses some of the money from the sale to pay her supplier and uses the rest to take her family out to dinner.
• C)Boeing experiences a surge in orders for new airplanes, prompting the company to hire more workers.
• D)All of these answers illustrate the workings of the circular flow model.

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Definitions:

Toyota

A multinational automotive manufacturer headquartered in Japan, known for its extensive range of vehicles and pioneering of lean manufacturing and just-in-time production.

Ethical Decision-Making Process

The ethical decision-making process involves identifying, evaluating, and choosing among alternatives in a way that is consistent with ethical principles.

Best Solution

The most effective or optimal answer to a problem, considering all constraints and goals.

Socially Responsible Behavior

Practices by individuals or organizations aiming to have a positive impact on the environment, community, and society.