In the Circular Flow Model,which of the Following Is on the Selling

question 141

Multiple Choice

In the circular flow model,which of the following is on the selling side in the goods market?

• A) federal, state, and local governments
• B) only households
• C) exporters
• D) only firms
• E) both firms and households

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Definitions:

Lens

An optical component made from transparent material that forms an image by focusing or dispersing light rays, commonly found in glasses, cameras, and microscopes.

Rods and Cones

Photoreceptor cells in the retina responsible for vision; rods detect light and dark changes, while cones perceive color.

Bipolar Cells

A type of neuron found in the eye's retina, transferring signals from photoreceptor cells to ganglion cells.

Optic Nerve

The nerve responsible for carrying visual data from the retina to the brain.