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Examine the Words And/or Phrases for Each Question Below and Determine

question 188

Multiple Choice

Examine the words and/or phrases for each question below and determine the relationship among the majority of words/phrases.
-Choose the option that does not fit the pattern.


Definitions:

Inputs

The resources such as labor, materials, and capital that are used in the production process to produce goods and services.

Spending By Households

Total expenditures made by individual consumers on goods and services in an economy.

Circular-flow Diagram

A visual model in economics that shows how money, goods, and services flow through the economy between households and firms.

Factors Of Production

The assets utilized in creating goods and services, encompassing land, work, money, and business initiative.

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