Because of the Circular Flows of Expenditure and Income in the Economy

question 17

Multiple Choice

Because of the circular flows of expenditure and income in the economy, total ________ equals total ________ equals total ________.

• A) investment; income; consumption
• B) expenditure; income; value of production
• C) expenditure; investment; income
• D) consumption; expenditure; value of production
• E) consumption; investment; expenditure

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Definitions:

Positive Organizational Behavior

An area of study within organizational behavior that focuses on the application of positively oriented human resource strengths and psychological capacities to improve organizational outcomes.

Human Capital

The combined abilities, expertise, and non-physical assets of people that contribute to producing economic benefit for themselves, their workplaces, or the broader society.

Human Capital

The skills, knowledge, and experiences possessed by an individual or population, viewed in terms of their value or cost to an organization.

Behavioral Sciences

Fields of study that investigate human behavior and interactions, such as psychology, sociology, and anthropology.