In a Simple Circular-Flow Diagram, Total Income and Total Expenditure

question 221

Multiple Choice

In a simple circular-flow diagram, total income and total expenditure are

• A)never equal because total income always exceeds total expenditure.
• B)seldom equal because of the ongoing changes in an economy's unemployment rate.
• C)equal only when the government purchases no goods or services.
• D)always equal because every transaction has a buyer and a seller.

Recognize the potential severe consequences of unethical decisions for businesses and their associates.

Comprehend the impact of organizational structure on ethical behavior within companies.

Understand the role of boards of directors in maintaining organizational ethics and shareholder interests.

Identify various levels of corporate social responsibility and examples of actions at each level.

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Definitions:

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Refers to the consumption of cannabis, either for medical purposes or recreational activities, influencing mood, perception, and behavior.

Academic Performance

The level of achievement or proficiency in educational pursuits, often measured by grades or test scores.

Pioneering Women

Women who were the first to undertake or accomplish something in their field or society, breaking barriers and setting examples for future generations.