Figure 2-11 -Refer to Figure 2-11.In the Circular Flow Diagram,who Are Economic

question 90

Multiple Choice

Figure 2-11
-Refer to Figure 2-11.In the circular flow diagram,who are economic agents A and who are economic agents B?

• A)A = firms; B = households
• B)A = households; B = firms
• C)A = households; B = factor markets
• D)A= firms; B = product markets

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Definitions:

Microsystem

The immediate environment in which an individual lives or operates, such as the family, school, peer group, or workplace, in ecological systems theory.

Social Environment

The immediate physical and social setting in which individuals live or in which something happens or develops, encompassing the cultural, economic, and social circumstances affecting the life of an individual or community.

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Practices or interventions aimed at improving an individual's mental, physical, and emotional health, enhancing overall quality of life.

Positive Psychology Coaching

A coaching approach that focuses on leveraging strengths and fostering well-being to achieve personal and professional development.