In the Simple Circular flOw Model

question 60

Multiple Choice

In the simple circular flow model,

• A) households are buyers of resources.
• B) businesses are sellers of final products.
• C) households are sellers of final products.
• D) there are real flows of goods, services, and resources, but not money flows.

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Definitions:

Sexual Maturity

The stage in an organism's life cycle when it becomes capable of reproduction.

Vulnerable

A state of being susceptible to harm or damage, often used to describe species at risk of extinction or ecosystems facing threats.

Population Size

Population Size indicates the total number of individuals or units within a specified area or population group at a given time.

Ability

The capacity, skill, or proficiency to do something effectively.