Which of the Following Is False About the Circular-Flow Diagram

question 43

Essay

Which of the following is false about the circular-flow diagram?
A.Households are the primary demanders of goods and services.
B.Firms are the primary suppliers of goods and services.
C.Money flows from households to firms as households offer factors of production for sale.
D.Money flows in the direction opposite to goods and services and factors of production.

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Definitions:

Health Professionals

Qualified individuals who provide services aimed at promoting, maintaining, or restoring health, including doctors, nurses, therapists, and pharmacists.

Common

Occurring frequently or widely accepted or found in a particular area or group.

Psychotherapist

A licensed professional trained to treat mental health issues and emotional disorders through various therapeutic techniques.

Inappropriate

Actions or behaviors that are not suitable or proper in a specific context or situation.