Which of the Following Statements Is FALSE

question 355

Multiple Choice

Which of the following statements is FALSE?

• A) The value of total income is equal in value to total output because profit is a cost of production.
• B) In the circular flow model, households sell factor services to businesses in return for factor payments.
• C) Businesses sell goods and services to households who use their income to pay for them.
• D) Total income is always greater than total output.

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Definitions:

Male Systemizing Tendency

A theory suggesting that males are, on average, more inclined towards understanding and building systems, as opposed to empathizing.

Autism

A developmental disorder characterized by difficulties with social interaction and communication, and by restricted or repetitive patterns of thought and behavior.

Stranger Anxiety

The fear and apprehension that infants start showing towards strangers, typically evident around 8 to 12 months of age.

Mirror Neuron Activity

Neural activity involving mirror neurons, which fire both when an individual acts and when the individual observes the same action performed by another, playing a role in learning, empathy, and understanding others' actions.