-Refer to the Circular Flow Model of the Economy

question 3

Multiple Choice

-Refer to the circular flow model of the economy.In the diagram flow (3) represents:

• A) wage,rent,interest,and profit income.
• B) land,labour,capital,and entrepreneurial ability.
• C) goods and services.
• D) consumer expenditures.

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Definitions:

Customer Perceptions

The way customers view or interpret a company's products, services, and overall brand.

Customer Service

The support and guidance offered by a business to its customers who purchase or utilize its goods or services.

Negative Experiences

Events or interactions that produce adverse outcomes or feelings, impacting a person's well-being or perception negatively.

Positive Experiences

Encounters or interactions that leave individuals feeling satisfied, happy, or fulfilled.