In the Circular Flow Model,which of the Following Is on the Buying

question 73

Multiple Choice

In the circular flow model,which of the following is on the buying side in the goods market?
i.firms
ii.households
iii.federal,state,and local governments

• A) i only
• B) ii only
• C) iii only
• D) i and ii
• E) ii and iii

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Definitions:

Celiac Trunk

A major artery that provides blood to the stomach, spleen, liver, and other organs in the abdomen.

Renal Artery

The blood vessel that carries oxygen-rich blood to the kidneys for the process of filtration and regulation of blood pressure.

Splenic Artery

A major blood vessel that supplies oxygenated blood to the spleen.

Coronary Arteries

Arteries that supply blood to the heart muscle itself, essential for providing the heart with oxygen-rich blood.