Consider the Circular Flow of Income and Expenditure in the Canadian

question 20

Multiple Choice

Consider the circular flow of income and expenditure in the Canadian economy.Which of the following is a withdrawal from the circular flow?

• A)Your family buys weekly groceries.
• B)Bombardier exports subway cars to Mexico.
• C)You put $500 into your TFSA (tax-free savings account).
• D)The B.C.provincial government builds a new hospital.
• E)Canadian farmers sell wheat to China.

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Definitions:

Physiological Components

The biological parts and processes that make up the physical aspects of a living organism, including tissues, organs, and systems.

Hunger

A physical sensation or condition resulting from a lack of food, leading to a desire to eat.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that individuals are motivated by a hierarchy of needs ranging from basic physiological needs to self-actualization.

Pyramid

A geometric structure with a square or triangular base and triangular sides that converge to a point at the top.