The Figure Above Shows the Circular Flow Model

question 98

Multiple Choice

The figure above shows the circular flow model.
-In the figure above,which of the following represents a money flow?

• A) Goods purchased
• B) Interest
• C) Capital
• D) Services sold
• E) Goods supplied

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Definitions:

Consumer Protection Legislation

Laws and regulations designed to ensure fair trade competition and the free flow of truthful information in the marketplace, protecting consumers from fraudulent or unfair practices.

Credit Charges

Fees or interest rates applied to the balance of borrowed funds or extended credit.

Consumer Protection

Measures and regulations designed to safeguard buyers of goods and services against fraudulent or unfair practices.

Substantial Liability

Refers to a significant financial or legal obligation that could have a major impact on an individual's or entity's financial health.