Which of the Following Will Invariably Be Illustrated by a Circular

question 28

Multiple Choice

Which of the following will invariably be illustrated by a circular flow of income diagram?

• A)The value of foreign net output
• B)Trade deficit always equals payments for resource services
• C)The value of output is equal to income
• D)The value of private production always equals the value of household income
• E)The value of net exports is positive

---

Definitions:

Null Hypothesis

The proposition that assumes no significant difference or relationship exists within a set of data.

Groups

Collections of subjects or data points that are often categorized for comparative analysis in experiments or studies.

Null Hypothesis

A statement that asserts there is no effect or no difference, typically the default assumption in a statistical test.

Groups

In statistics, groups refer to sets of subjects or data points that are classified together based on certain characteristics.