Which Actor in the Circular Flow Model Is on the Supply

question 114

Multiple Choice

Which actor in the circular flow model is on the supply side of the goods market?

• A)Firms
• B)Households
• C)Markets for factors of production
• D)Government

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Definitions:

Powerful Winds

Strong air movements within the Earth's atmosphere, which can result from various meteorological phenomena and influence weather patterns and climate.

Prairies

Extensive areas of flat or gently undulating grassland, especially in North America, with few if any trees, known for their rich soils and diverse ecosystems.

East And West Coasts

Refers to the eastern and western coastal regions of a continent, often used in context with the United States.

Canada's Southern Border

The geopolitical boundary that separates Canada from the United States, running along the 49th parallel north for much of its length.