Gail Nelson Begins Her First Job After Graduating from College

question 183

Multiple Choice

Gail Nelson begins her first job after graduating from college and starts putting money away in a savings account.She believes she has removed this money from the circular flow between buyers and sellers which she studied in Introduction to Business.Is Gail correct?

• A) Yes, by putting this money into a savings account, only she has access to the funds and they are no longer available to the circular flow.
• B) No, even though she has saved this money, the bank will in turn invest the money back into the circular flow.
• C) Yes, only direct investments into companies, such as purchasing ownership shares of that company, will put her savings back into the circular flow.
• D) Yes, the circular flow focuses on businesses and government, and therefore Gail's savings have no impact on the circular flow.
• E) No, because she earned this money from a company and because she paid taxes on it, it is always considered part of the flow.

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Definitions:

Supply Of Workers

The availability of individuals willing and able to work in a particular job market or industry.

Canadian Occupational Projection System

A research program that predicts future trends in the labor market, including demand for different occupations in Canada.

Canadian Economy

The economic structure of Canada, characterized by its diverse resources, including manufacturing, mining, services, and natural resources like oil and timber.

Future

The time or period that comes after the present, which is yet to happen and can be influenced by actions taken in the present.