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Figure 2.21 Alt text for Figure 2.21: In figure 2.21, a circular flow diagram.
Long description for Figure 2.21: 4 circles arranged in a circle, labelled as follows, clockwise from the top center: Economic Agents E, an unmarked circle, Economic Agents G, and Market F.The flow of funds goes from Economic Agents E to Market F.The flow of spending on goods and services goes from Market F to Economic Agents G.
-Refer to Figure 2.21.One segment of the circular flow diagram in Figure 2.21 shows the flow of funds from Market F to Economic Agents G.The funds represent spending on goods and services.What is Market F and who are Economic Agents G?
Training Ability
The capacity to learn, adapt, and improve skills or knowledge through instruction or practice.
Human Factors Psychologists
Psychologists who study how people interact with products, environments, and systems with the aim of improving usability and performance.
Natural Perceptions
The innate ability to recognize and understand the natural world through sensory information.
Personnel Psychologists
Professionals specializing in the science of behavior and mental processes within the workplace, focusing on hiring, assessment, training, and employee development.
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