In the Simple Circular Flow Model

question 141

Multiple Choice

In the simple circular flow model

• A) income is equal to spending.
• B) saving is equal to consumer spending.
• C) factor payments are equal to goods and services.
• D) goods and services are equal to consumer spending.

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Definitions:

Chronic Liver Infection

A long-lasting infection of the liver, often caused by viruses, leading to inflammation and potential liver damage.

Viral Infection

An infection caused by the presence of a virus in the body, which can lead to various diseases depending on the virus type and the body's immune response.

Liver Cancer

A disease characterized by malignant cells forming in the tissues of the liver, which can be primary or secondary (metastatic).

Liver Failure

A critical condition where the liver loses its function, which can lead to life-threatening complications.