The Two Loops in the Circular-Flow Diagram Represent

question 20

Multiple Choice

The two loops in the circular-flow diagram represent

• A)the flow of goods and the flow of services.
• B)the flow of dollars and the flow of financial assets.
• C)the flow of inputs into production processes and the flow of outputs from production processes.
• D)the flows of inputs and outputs and the flow of dollars.

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Definitions:

Major Organic Product

The primary product formed in the highest amount from an organic chemical reaction.

Ethanol Solvolysis

A chemical reaction in which the solvent ethanol participates in the breakage of bonds in molecules leading to the formation of new products.

Reactivity

The ability of a substance to undergo chemical reactions with other substances or within itself.

t-Butyl Bromide

An organic compound, also known as tert-butyl bromide, used in the synthesis of other chemicals, characterized by a tert-butyl group attached to a bromine atom.