Figure 2-2 -Refer to Figure 2-2. Which Is True About Money Spent

question 112

Multiple Choice

Figure 2-2
-Refer to Figure 2-2. Which is true about money spent by households?

• A)it is earned from the sale of factors of production.
• B)it becomes profit to firms.
• C)it cannot be tracked in the diagram.
• D)it is used to purchase factors of production.

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Definitions:

French

A Romance language originating from France, known for its global use as a primary or second language in many countries and international institutions.

Primacy Effect

The tendency to remember information at the beginning of a list better than information in the middle or end.

Recall

The cognitive process of retrieving information from memory without the presence of the original stimulus, often tested in memory and learning experiments.

First Items

The initial elements in a series or list, often given special attention due to their primacy position.