Refer to the Diagram

question 94

Multiple Choice

Refer to the diagram. Arrows (1) and (2) represent

• A) goods and resources, respectively.
• B) money incomes and output, respectively.
• C) output and money incomes, respectively.
• D) resources and goods, respectively.

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Definitions:

Solve

To find an answer to a problem or the solution to an equation.

Equation

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

Solve

The process of finding the value of variables that make a mathematical statement true.

Solution

The value or set of values that satisfy an equation, inequality, or system of equations.