The Circular Flow Model Demonstrates

question 194

Multiple Choice

The circular flow model demonstrates

• A)the role of the government in overseeing the market system.
• B)the roles played by households and firms in the market system.
• C)how shortages and surpluses are eliminated in a market.
• D)how demand and supply for goods and services are brought into equilibrium.

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Definitions:

Myopia

A common vision condition, also known as nearsightedness, where distant objects appear blurry while close objects can be seen clearly, due to the shape of the eye.

Mainstreaming

The practice of placing children with special education needs in regular classrooms for at least part of the day.

Phonological Disorder

A phonological disorder is a type of speech sound disorder characterized by patterns of error in sound use, making it difficult for speakers to be understood within their language community.

Expressive Language Disorder

A communication disorder in which a person has difficulty expressing themselves using oral language.