In the Circular Flow Model with the Government Sector,transfers

question 151

Multiple Choice

In the circular flow model with the government sector,transfers

• A) flow in the same direction as do taxes.
• B) flow in the opposite direction as do taxes.
• C) to households flow in the same direction as do expenditures on goods and services.
• D) to firms flow in the same direction as do rent, wages, interest, and profits.
• E) flow only through the goods market.

---

Definitions:

Kohlberg's Model

A theory outlining six stages of moral development, progressing from obedience and punishment orientation to principled conscience.

Formal Reward System

An institutionalized and structured program within an organization designed to recognize and reward employee performance.

Ethical Leadership

A style of leadership that involves leading others in a manner that respects ethical principles and values.

Spiritual Leadership Theory

A leadership model that emphasizes the importance of values, beliefs, and a sense of purpose in motivating followers.