In a Simple Circular-Flow Diagram,why Is Total Income Equal to Total

question 143

Multiple Choice

In a simple circular-flow diagram,why is total income equal to total expenditure?

• A)because firms re-invest their revenue
• B)because savings are small
• C)because income from interest is not part of GDP
• D)because every transaction has a buyer and a seller

---

Definitions:

Self-Esteem

An individual's subjective evaluation of their own worth, encompassing beliefs and emotions about oneself.

Autonomy

The capacity to make an informed, uncoerced decision or the ability of individuals to govern themselves.

Self-Disclosure

The act of revealing personal information about oneself to others, which can strengthen relationships and foster intimacy.

Self-Actualization

The completion or fulfillment of personal skills and potentialities, regarded as a vital pursuit or imperative in all human beings.