The Figure Given Below Represents the Circular Flow of Income

question 52

Multiple Choice

The figure given below represents the circular flow of income between households, firms, financial intermediaries, and foreign countries.
Figure 4.2

-Refer to Figure 4.2. Calculate the total amount of consumption expenditure.

• A) $7,500
• B) $25,000
• C) $10,000
• D) $42,500
• E) $35,000

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Definitions:

Communication Competency

The ability to effectively convey information, understand others, and interpret messages in both verbal and non-verbal forms.

Hand Gestures

Physical movements of the hands used to convey messages or meanings without the use of spoken words, varying significantly across cultures.

Conscientiousness

A personality trait characterized by diligence, carefulness, and a desire to do a task well.

Perception Process

The cognitive process that enables us to interpret and understand our surroundings through the data acquired by our sensory organs.