In the Circular Flow Model,rent,wages,interest,and Profit Paid Flow from ________

question 140

Multiple Choice

In the circular flow model,rent,wages,interest,and profit paid flow from ________ through ________ to ________.

• A) households; goods markets; firms as payment for goods
• B) firms; factor markets; households
• C) firms; goods markets; households
• D) households; factor markets; firms
• E) firms; goods markets; firms

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Definitions:

Adolescence

The transitional stage of physical and psychological development that occurs between childhood and adulthood.

Late Adulthood

The stage in human development characterized by advanced age, usually considered to begin around the age of 65.

Identity

The fact of being who or what a person or thing is; the characteristics determining this.

Integrity

A moral principle that involves being honest and having strong moral uprightness.