What Is a Characteristic of the Circular-Flow Model

question 115

Multiple Choice

What is a characteristic of the circular-flow model?

• A) Firms are sellers in the resource market and the product market.
• B) Firms are buyers in the product market.
• C) Households are sellers in the resource market.
• D) Households are buyers in the resource market.

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Definitions:

Plot

The sequence of events or main storyline in a narrative, including the conflict, climax, and resolution.

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The measurement of the amount of mineral matter per square centimeter of bones, used as an indicator of strength and risk for osteoporosis.

Deep Sleep Disorders

A category of sleep disorders that affect the ability to achieve or maintain deep, restorative sleep stages.

Sleep Terrors

Frightening, dream-like experiences that occur during the deepest stage of NREM sleep; nightmares, in contrast, occur during REM sleep.