Which Statement Is Correct

question 27

Multiple Choice

Which statement is correct?

• A) Households supply both labor and nonlabor resources.
• B) In the circular flow model, incomes and resources flow in the same direction.
• C) The four main factors of production are water, land, entrepreneurial ability, and energy.
• D) Owners of factors of production pay income to firms.

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Definitions:

Hormonal Imbalances

Discrepancies in the levels of hormones in the body, which can affect various bodily functions and states of health.

System Malfunctioning

Refers to the failure of a system to operate within its intended parameters or expectations.

Master Gland

A nickname for the pituitary gland, given because it produces hormones that regulate many important functions of other endocrine glands.

Pituitary

A small endocrine gland situated at the base of the brain, often referred to as the "master gland," that secretes hormones influencing various physiological processes.