Which Actor in the Simplified Circular Flow Model Buys or Rents

question 5

Multiple Choice

Which actor in the simplified circular flow model buys or rents land, labor, and capital?

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

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Definitions:

Parent-Newborn Attachment

The emotional bond that forms between a parent and their newborn, crucial for the baby's development and the parent-child relationship.

Reactivity Period

A time frame in which individuals or systems are more sensitive to environmental stimuli or stressors, affecting their responses or behaviors.

Tonic Neck Reflex

A primitive reflex in newborns which causes them to turn their head to one side, automatically raising the arm and leg on that side, and lowering them on the opposite.

Alkaline Soap

Soap with a pH level above 7, which can neutralize acid and is often considered gentler on the skin.