The Inner Loop of the Circular-Flow Diagram Represents the Flow

question 92

Multiple Choice

The inner loop of the circular-flow diagram represents the flow of inputs and outputs. Which of the following does not appear on the inner loop?

• A)Land
• B)Capital
• C)Wages
• D)Goods and services sold

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The process by which tasks and processes become automatic and require less cognitive effort through repetition and practice.

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A stage in Piaget's theory of cognitive development, where children aged 7 to 11 years become capable of logical thought processes but are not yet able to think abstractly.

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