The Figure Above Shows Governments in the Circular Flow

question 54

Multiple Choice

The figure above shows governments in the circular flow.
-In the figure above,governments

• A) collect taxes.
• B) coordinate economic activities of households and firms.
• C) hire factors of production.
• D) own factors of production.
• E) sell goods and services to household.

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Definitions:

Ideal Selves

The conception of how someone would like to be or perceives their best possible self.

Adolescents

Young people in the transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.

Social Comparison

The process by which individuals evaluate their own opinions, abilities, and traits by comparing themselves to others.

Perspective Taking

The ability to understand and consider the thoughts, feelings, and viewpoints of others.