The Circular-Flow Diagram Is Important Because It Shows That the Flow

question 115

Multiple Choice

The circular-flow diagram is important because it shows that the flow of money into each market or sector of the economy is _____ the flow of money coming out of that sector.

• A) greater than
• B) equal to
• C) less than
• D) unrelated to

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Definitions:

Exponential Form

A way of representing numbers, typically involving expressions using powers of a base number, especially in the context of exponential growth or decay.

Simplest Form

The form of a mathematical expression or fraction when it has been simplified to its most basic components, with no common factors in the numerator and denominator for fractions.

Add Fractions

The process of combining two or more fractions to find their total, involving finding a common denominator.

Simplest Form

A mathematical expression is in its simplest form when it is reduced to the lowest terms possible.