The Circular Flow of Economic Activity Is a Model of The

question 124

Multiple Choice

The circular flow of economic activity is a model of the:

• A)flow of goods, services, and payments between households and firms.
• B)influence of government on business behavior.
• C)role of unions and government in the economy.
• D)interaction among taxes, prices, and profits.
• E)economy's banking system.

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Definitions:

Metabolizes

The biochemical process by which organisms convert substances into energy and materials necessary for cellular function and growth.

Dopamine

Neurotransmitter in the brain, excess amounts of which have been thought to cause schizophrenia.

Reuptake

Process in which a sending neuron reabsorbs some of the neurotransmitter in the synapse, decreasing the amount left in the synapse.

Cocaine

A powerful stimulant drug derived from the coca plant, known for its euphoric effects and high potential for addiction.