In the Circular Flow Model, Which of the Following Is

question 156

Multiple Choice

In the circular flow model, which of the following is true ?

• A) Household spending flows into the factor markets.
• B) Household spending flows back to households.
• C) Household spending flows into product markets.
• D) Dollar payments for factors of production flow into households.

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Definitions:

Dendrites

The branched extensions of a neuron that receive signals from other neurons or sensory stimuli and transmit them toward the cell body.

Axon

An extended, slim part of a nerve cell, also known as a neuron, that usually carries electrical currents away from the main cell body of the neuron.

Myelin

A fatty substance that surrounds and insulates the axons of some neurons, enhancing the speed and efficiency of electrical signal transmission.

Refractory Periods

Periods immediately following an action potential during which a neuron is unable to fire another action potential or the firing rate is significantly reduced.