Which of the Following Is an Example of Spending on Goods

question 175

Multiple Choice

Which of the following is an example of spending on goods and services in the circular flow model?

• A)Micah purchases a new wrench for his auto repair business.
• B)Chester buys a first-class ticket from Atlanta to London for his long-awaited vacation.
• C)Toby buys a new lawn mower to use in his lawn care business.
• D)Lily purchases a new massage table for use in her therapy center.

---

Definitions:

Personal Characteristics

Traits or attributes that define an individual's distinct personality, including behaviors, thoughts, and feelings.

Diversity

The condition of having or being composed of differing elements or qualities, including variety in cultural, ethnic, and individual backgrounds.

Competency

The ability to do something successfully or efficiently.

Common Factors Approach

A perspective in psychotherapy that identifies core elements that different therapeutic approaches share, which are believed to contribute to their effectiveness.