Which One of the Following Statements Is True in the Four-Sector

question 13

Multiple Choice

Which one of the following statements is true in the four-sector circular model?

• A) Money flows from government to households for taxes.
• B) Money flows from foreign economies to households for exports.
• C) Money flows from government to firms for goods and services.
• D) Money flows from firms to foreign economies for exports.
• E) Money flows from households to foreign economies for resources.

---

Definitions:

Individual Acts

Actions or behaviors carried out by individual persons, often considered in the context of how they impact or are impacted by larger social systems.

Industrial Economy

An economic system characterized by the extensive development of manufacturing, large-scale production, and the utilization of heavy machinery and advanced technologies.

Levels Of Stratification

Describes the hierarchical arrangement of social classes, status groups, or other social categories within a society.

Global Economy

An interconnected marketplace where goods, services, and labor are exchanged worldwide.