A Circular Flow Model Shows the Interrelationship Between the ________

question 40

Multiple Choice

A circular flow model shows the interrelationship between the ________ market and the ________ markets.

• A) household; goods
• B) household; factor
• C) business; household
• D) expenditure; income
• E) goods; factor

---

Definitions:

Temporary Assistance

Aid or support provided for a limited period, often aimed at individuals or families in financial need.

Personal Income Taxes

Taxes imposed on individuals or entities based on their income or profits earned within a fiscal year.

Federal Government's Tax Revenues

The income obtained by the federal government through taxation, which is used to fund its activities and services.

U.S. Tax Revenue

The total income collected by the government of the United States from tax sources, including individual and corporate income taxes, social security taxes, sales taxes, and other levies.