The Addition of Government to the Circular-Flow Model Illustrates That

question 54

Multiple Choice

The addition of government to the circular-flow model illustrates that government

• A) purchases resources in the resource market.
• B) provides services to businesses and households.
• C) purchases goods in the product market.
• D) does all of the things stated in the other possible answers.

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Definitions:

Polyandry

A system of marriage that allows women to have multiple husbands.

Exogamy

A social arrangement where marriage is allowed only outside a social group, clan, or tribe.

Endogamy

The practice of marrying within a specific social group, caste, or ethnic community, often to preserve cultural or religious identity.

Plural Families

Family structures that include more than two adult members in a domestic unit, often associated with polygamy or other forms of non-monogamy.