In a Circular-Flow Model, Households Supply All of the Following

question 117

Multiple Choice

In a circular-flow model, households supply all of the following except

• A)labor
• B)goods and services
• C)capital
• D)entrepreneurial ability
• E)natural resources

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Definitions:

Black Bile

In ancient and medieval physiology, it was one of the four bodily humors, believed to be associated with melancholy.

Ancient Greeks

A civilization belonging to a period of Greek history that lasted from the Dark Ages (around 1200 B.C.) to the end of antiquity (circa 600 A.D.). Known for their advancements in philosophy, science, and the arts.

Abnormal Behaviors

These are patterns of emotion, thought, and action considered pathological (outside societal norms) for one or more of several reasons, including rarity, violation of norms, personal distress, or harmfulness.

Social Norm Deviance

The act of behaving in ways that are not in alignment with accepted social practices or standards.