A Circular-Flow Diagram Is a Model That

question 43

Multiple Choice

A circular-flow diagram is a model that

• A)helps to explain how participants in the economy interact with one another.
• B)helps to explain how the economy is organized.
• C)incorporates all aspects of the real economy.
• D)Both (a)and (b)are correct.

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Definitions:

P-S Intervals

The time difference between the arrival of primary (P) and secondary (S) waves on a seismogram, used to determine the distance to an earthquake source.

Seismic Stations

Facilities equipped to detect, record, and measure seismic waves and activity, contributing to the monitoring and understanding of earthquakes.

Liquefy Sediments

The process by which solid sediments transform into a liquid state, often triggered by events such as earthquakes.

Tsunami

A series of ocean waves caused by underwater disturbances such as earthquakes, volcanic eruptions, or landslides, known for their devastating impact on coastal areas.