The Circular flOw Model Illustrates

question 228

Multiple Choice

The circular flow model illustrates

• A) the importance of having a central plan for the economy.
• B) how capital and other resources are created.
• C) how money is created by the banking system.
• D) the interdependence of businesses and consumers.

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Definitions:

Slope-Intercept Form

A linear equation of the form y = mx + b, where m is the slope and b is the y-intercept.

Equation

A statement that asserts the equality of two expressions, usually represented by the symbol "=".

Slope-Intercept Form

A way of writing the equation of a line as y = mx + b, where m is the slope and b is the y-intercept.

Slope

The measure of the steepness or incline of a line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.