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.

---

Definitions:

#MeToo Movement

A social movement against sexual abuse and harassment where survivors publicize their experiences.

Sexual Harassment

Unwanted physical or verbal sexual behavior that occurs in the context of a relationship of unequal power and that is experienced as a threat to the victim’s job or educational activities.

Social Forces

The influence of societal norms, structures, and relationships that shape the actions and behaviors of individuals and groups within a society.

Private Lives

Aspects of an individual's life that are not meant for public scrutiny, typically involving personal relationships and family.