Examlex
YouTube is used primarily for which of the following?
Circular Flow
An economic model illustrating the continuous flow of goods and services, resources, and money between businesses and households in an economy.
Gross Domestic Product
A measure of the economic performance of a country, representing the total value of all goods and services produced over a specific time period.
Social Welfare
A system that provides various forms of assistance to individuals and families in need, including healthcare, education, and financial aid.
Value Added
The increase in the value of a product or service as it passes each stage of production, excluding the cost of inputs.
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