A Circular Flow Diagram That Includes the Government and the Foreign

question 196

Multiple Choice

A circular flow diagram that includes the government and the foreign sector shows that

• A) only Canadian firms provide goods and services.
• B) only the Canadian government provides goods and services.
• C) only the foreign sector provides goods and services.
• D) only Canadian firms and the foreign sector provide goods and services.
• E) Canadian firms,the Canadian government,and the foreign sector provide goods and services.

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Definitions:

Warner Music Group

A major global music company involved in the discovery, development, and dissemination of recorded music and publishing rights.

Universal Music Group

A global music corporation that operates a array of businesses engaged in recorded music, music publishing, and merchandising.

Hulu

A subscription-based streaming service offering a wide range of TV shows, movies, and original content, available primarily in the United States.

Verizon

An American multinational telecommunications company, known for its wireless products and services.