In the Simple Circular Flow Model

question 1

Multiple Choice

In the simple circular flow model:

• A)households are demanders of factors of production.
• B)businesses are suppliers of final products.
• C)households are suppliers of final products.
• D)there are real flows of goods, services, and factors, but not money flows.

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Definitions:

IDS

Intrusion Detection System, a device or software application that monitors a network or systems for malicious activity or policy violations.

IPS

Stands for In-Plane Switching, a screen technology for liquid-crystal displays (LCDs) that offers better viewing angles and color reproduction than traditional LCDs.

Grammar

The set of rules that govern the structure of sentences in a language, including syntax, morphology, and punctuation.

Administrator Access

Refers to the highest level of access rights on a computer or network, allowing the user to make system-wide changes and access all files.