The Four Key Markets That Coordinate the Circular Flow of Income

question 73

Multiple Choice

The four key markets that coordinate the circular flow of income are

• A) goods and services, resources, loanable funds, and foreign exchange.
• B) consumption, investment, stock, and government.
• C) government, household goods, bond, and business.
• D) financial, corporate, stock, and loanable funds.

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Definitions:

Race

Identifying biological factors such as skin, hair, or eye color.

Ethnicity

Sociological factors such as nationality, culture, language, and ancestry.

Skin Color

A characteristic of human physical appearance which ranges in variation from the darkest brown to the lightest hues, determined by the amount of melanin in the skin.

Culture

The set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group.