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When the Government Sector Is Included in the Circular Flow

question 62

True/False

When the government sector is included in the circular flow diagram,the total value of private production will equal the value of household income.


Definitions:

Hostile

Showing or feeling opposition or dislike; aggressive.

Type A

A behavior pattern characterized by competitiveness, urgency, aggression, and impatience, which is associated with stress and heart disease.

Type B

refers to a personality type characterized by less competitive, more relaxed, and less easily stressed attitudes than Type A.

Hostility

A state of antagonism, anger, or aggression toward others, which can manifest in both emotional and behavioral aspects.

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