Households Are Vital to the Circular Flow Model in Which

question 4

Multiple Choice

Households are vital to the circular flow model in which two ways?

• A) They supply factors of production and purchase goods and services.
• B) They export and import goods and services.
• C) They vote for political officers and pay taxes.
• D) They facilitate exchange between consumers and firms and supply funds.

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Definitions:

Compound Sentence

A sentence structure that contains at least two independent clauses joined by a conjunction or punctuation.

Specialized Language

Vocabulary and terminology specific to a particular profession, subject, or area of interest.

Jargon

Specialized language used by a particular profession, industry, or group that may be difficult for outsiders to understand.

Imperative

A grammatical mood expressing commands, demands, or requests in a sentence.