Indo-Arabic Numerals Encompassed an Infinite Series of Numbers That Could

question 51

Multiple Choice

Indo-Arabic numerals encompassed an infinite series of numbers that could be studied in completely abstract terms and arranged into various categories.This study of "pure" numbers and their interrelationships gave rise to a new mathematical field known as

• A) geometry.
• B) ideal forms.
• C) algebra.
• D) number theory.

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Definitions:

Product Market

The marketplace where final goods or services are traded between sellers and consumers.

Circular-Flow Diagram

A visual model that illustrates the flow of goods and services and money between households and firms in an economy.

Household

An individual or group of people living together and making joint decisions regarding consumption and finances.

Circular-Flow Diagram

A visualization of the economy that shows how dollars flow through markets among households and firms, highlighting the interactions between product and resource markets.