Figure 2-10 -Refer to Figure 2-10. One Segment of the Circular Flow

question 101

Multiple Choice

Figure 2-10

-Refer to Figure 2-10. One segment of the circular flow diagram in the Figure shows the flow of funds from market F to economic agents G.The funds represent spending on goods and services.What is market F and who are economic agents G?

• A) F = factor markets; G = households
• B) F = product markets; G = households
• C) F = factor markets; G = firms
• D) F = product markets; G = firms

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Definitions:

Releases Two Eggs

Refers to the process during which a female’s reproductive system releases two ova (eggs) during a single menstrual cycle, potentially leading to fraternal twins.

Fertilized

The state or process where a sperm cell successfully merges with an egg cell, beginning the development of a new organism.

Monozygotic Twins

Twins that are genetically identical because they were formed from a single fertilized egg that split into two.

Identical Twins

Twins resulting from the division of a single fertilized egg, sharing 100% of their genetic material and typically having very similar appearances and traits.