In the Circular-Flow Diagram,which of the Following Items Flows from Firms

question 244

Multiple Choice

In the circular-flow diagram,which of the following items flows from firms to households through the markets for the factors of production?

• A)goods and services
• B)land,labor,and capital
• C)dollars spent on goods and services
• D)wages,rent,and profit

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Definitions:

Parenting Styles

Different approaches to raising children, typically categorized into authoritative, authoritarian, permissive, and uninvolved.

Egocentrism

The tendency to perceive, understand, and interpret the world solely from one's own perspective, often observed in early child development.

Animism

The belief that objects, places, and creatures all possess a distinct spiritual essence, prevalent in many ancient cultures and religions.

Limitations

Restrictions or bounds that are imposed on capabilities or activities.