In the Simple Circular Flow Model, Total Income in the United

question 22

Multiple Choice

In the simple circular flow model, total income in the United States must equal

• A) wages + rents + interest + profits.
• B) the total monetary value of all final goods and services.
• C) the yearly amount earned by our nation's resources.
• D) All of the above are correct.

Understand the role of natural and architectural metaphors in Japanese art.

Recognize the influence of Chinese culture and art on Japanese art and architecture.

Describe the evolvement of residential structures in ancient Japan.

Identify the earliest art forms and their cultural significance in Japan.

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Definitions:

Expanding Current Operations

The process of increasing the scale or scope of a company's business activities.

Accrued Interest

The accumulation of interest on a loan or bond since the last payment date but not yet paid out to the lender.

Gain on Sale of Investments

The profit realized from selling investments for more than the purchase price.

Investments-Evans Company Bonds

Specific long-term investments made in the bonds issued by Evans Company.