In the Simple Circular-Flow Diagram, Who Owns the Factors of Production

question 169

Multiple Choice

In the simple circular-flow diagram, who owns the factors of production?

• A) the government
• B) firms
• C) households
• D) corporations

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Definitions:

Status Bar

A graphical control element at the bottom of a window that displays information about the current state of the application or document.

Title Bar

The section at the top of a window that displays the title of the software or document and usually contains controls to minimize, maximize, or close.

Access

A database management system from Microsoft that allows for the storage, retrieval, management, and manipulation of data.

Close

In computing, "close" typically refers to the action of terminating an application or window, effectively exiting it.