Which of the Following Is an Example of Spending on Goods

question 61

Multiple Choice

Which of the following is an example of spending on goods and services in the circular flow model?

• A)Belinda purchases a new computer for her tax-preparation business.
• B)Javier buys 800 square feet of wood flooring for his vacation home.
• C)Celeste buys fresh herbs at the farmers' market to use in her restaurant.
• D)Timmy purchases a new examination table for use in his veterinary clinic.

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Definitions:

Safety Devices

Equipment or systems designed to prevent accidents, injuries, and harm in workplaces, vehicles, or public spaces by reducing risks and hazards.

High Risk

Situations or investments that carry a significant possibility of loss or failure.

Low Risk

Pertaining to situations or investments that have a minimal likelihood of loss or failure.

Insurance Market

The marketplace where individuals or entities can purchase insurance products to transfer risk from themselves to an insurance provider.