The Two Loops in the Circular-Flow Diagram Represent

question 47

Multiple Choice

The two loops in the circular-flow diagram represent

• A)(i) the flow of goods and (ii) the flow of services.
• B)(i) the flow of dollars and (ii) other financial flows.
• C)(i) inputs into production processes and (ii) outputs from production processes.
• D)(i) the flows of inputs and outputs and (ii) the flow of dollars.

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Definitions:

Social Security

A government program that provides financial assistance to people with inadequate or no income, especially the elderly, disabled, and families with dependent children.