The Simple Circular Flow Model Shows That Workers and Capital

question 112

Multiple Choice

The simple circular flow model shows that workers and capital owners offer their services to firms through the

• A)product markets.
• B)resource markets.
• C)money markets.
• D)financial markets.

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Definitions:

Homeostasis

Maintenance of a constant or static condition of internal environment.

Internal Environment

Refers to the conditions and processes within an organism or organization that contribute to its functioning.

Appropriate Tasks

Activities or duties that are suitable or fitting for a specific person, situation, or environment.

Anterior

Before or in front of.