In the Circular-Flow Diagram,another Name for Goods and Services Produced

question 252

Multiple Choice

In the circular-flow diagram,another name for goods and services produced by firms is

• A)factors of production.
• B)output.
• C)inputs.
• D)resources.

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Definitions:

Outside Persons

Individuals who are not employees or directly associated with an organization but may interact with it or have an interest in its activities.

Employee Health Records

Documents that contain information about an employee's health history, including injuries, illnesses, and medical conditions, often for compliance and safety reasons.

Discrimination Charges

Formal complaints filed by individuals or groups claiming to have been unfairly treated or subjected to bias based on characteristics such as race, gender, age, or disability.

United States

A country located in North America, consisting of 50 states and known for its large size and diverse population.