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In the Simple Circular Flow Model of the Economy, Total

question 92

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In the simple circular flow model of the economy, total expenditures on goods and services equal total household income.


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Per Second

A rate of change or action expressed as a unit measured within one second.

Alert

The state of being watchful and fully aware, often in preparation for or response to potential dangers or important news.

Waking State

A state of consciousness where an individual is fully awake and aware of their environment, as opposed to being asleep or in a dream state.

Brain Waves

Patterns of neuronal activity in the brain, detectable with EEG, associated with different states of consciousness and mental activities.

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