According to the Circular Flow Diagram,with Households and Firms as the Only

question 12

Multiple Choice

According to the circular flow diagram,with households and firms as the only two sectors,money saved by the households reenters the economy in the form of:

• A)human capital.
• B)investment spending.
• C)fiscal spending.
• D)consumption spending.
• E)deposits.

Comprehend the role and operations of international development institutions like the World Bank.

Distinguish between industrial and developing countries based on economic, health, and social indicators.

Analyze the impact of population growth on economic development.

Understand the relationship between education, employment opportunities, and fertility rates among women in developing countries.

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Definitions:

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Products that require significant thought and research from consumers before purchase due to their complexity, cost, or personal importance.

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A channel or tool used by companies to communicate promotional messages to target audiences, including digital, print, broadcast, and outdoor media.

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