Figure 2-17 -Refer to Figure 2-17. One Segment of the Circular Flow

question 15

Multiple Choice

Figure 2-17
-Refer to Figure 2-17. One segment of the circular flow diagram in the figure shows the flow of goods and services from market C to economic agents A. What is market C and who are economic agents A?

• A) C = factor markets; A = households
• B) C = product markets; A = households
• C) C = factor markets; A = firms
• D) C= product markets; A = firms

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Definitions:

Language-mediated Activity

Involves performing tasks or engaging in behaviors that are guided or facilitated by the use of language.

Active Participation

Involvement in activities or situations where individuals actively engage and contribute, rather than being passive observers.

Protodeclarative Pointing

A form of gesture, often observed in young children, used to draw attention to objects or events of interest.

Receptive Vocabulary

The stock of words a person understands when heard or read, as opposed to those they can actively use (expressive vocabulary).