In the Circular Flow Model

question 70

Multiple Choice

In the circular flow model,

• A)households are sellers of factor services in goods markets.
• B)households are buyers of goods and services in the factor markets.
• C)firms are sellers of the factors in factor markets.
• D)firms are sellers of goods and services in goods markets.
• E)firms are buyers of goods and services in final markets.

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Definitions:

Appraisal Remedies

Legal remedies that allow shareholders to receive a fair valuation and compensation for their shares, typically in cases of mergers or acquisitions.

Fair Value

A financial accounting term referring to the estimated market value of an asset or liability based on current market prices.

Dissents

are expressions of disagreement or opposition to a prevailing idea or direction, especially in a legal or political context.

Corporate Action

Acts undertaken by a corporation’s board of directors that bring about changes in the capital structure or operations of the company.