The Figure Given Below Represents the Circular Flow of Income

question 40

Multiple Choice

The figure given below represents the circular flow of income between households,firms,financial intermediaries,and foreign countries. Figure 4.2
-Refer to Figure 4.2.What is the total savings of the household sector?

• A)$35,000
• B)$25,000
• C)$17,500
• D)$42,500
• E)$45,000

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Definitions:

Frustration-Aggression Principle

A theory suggesting that frustration often leads to aggressive behavior, as aggression is a result of blocked goal achievement.

Implicit Associations

The automatic and unconscious associations people make between different concepts and beliefs, which can influence attitudes and behavior.

Outgroup Homogeneity

The perception that members of an outgroup are more similar to each other than they actually are, often contrasting with the perceived heterogeneity within an ingroup.

Modern Matchmaking

Contemporary methods of bringing individuals together for romantic relationships, often using technology or professional services.