Households Are Vital to the Circular Flow Model in What

question 91

Multiple Choice

Households are vital to the circular flow model in what two ways?

• A) They supply factors of production and purchase goods and services.
• B) They export goods and services and import goods and services.
• C) They vote for political officers and pay taxes.
• D) They facilitate exchange between consumers and firms.

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Definitions:

Brain Circuits

Networks of neurons in the brain that work together to control specific functions, including thoughts, emotions, and behaviors.

Genetic Mutations

Changes in the DNA sequence that can lead to variations in gene function and may result in diverse health conditions or traits.

Synapses

The junctions through which neurons communicate with each other or with muscles or glands, using chemical and electrical signals.

Neuron

A nerve cell that is the basic building block of the nervous system, responsible for transmitting information throughout the body.