Figure 2-11 -Refer to Figure 2-11.One Segment of the Circular Flow Diagram

question 45

Multiple Choice

Figure 2-11

-Refer to Figure 2-11.One segment of the circular flow diagram in the figure shows the flow of labor services from market K to economic agents J.What is market K and who are economic agents J?

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

---

Definitions:

Action Catalog

In software development, an action catalog is a collection of predefined actions that can be assigned to controls or events to automate tasks within an application.

Macro Tools Design Tab

A feature in some applications that provides tools for creating, managing, and executing macros, which automate repetitive tasks.

Tab Control

A graphical control element that allows multiple documents or panels to be contained within a single window, using tabs as a navigational widget for switching between sets of documents.

Argument

In programming, a value or reference passed to a function, procedure, or command, which is then used within that procedure to perform an action or calculation.