In the Circular Flow Model, Profits Are Considered to Be

question 290

Multiple Choice

In the circular flow model, profits are considered to be

• A) a subtraction from the Gross Domestic Product (GDP).
• B) a cost of doing business.
• C) equal to zero, or else the circular flow would be out of balance.
• D) a form of interest payment.

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Definitions:

Technology, Time, Techniques

Technology, time, techniques encapsulate the essential components required to enhance productivity and efficiency in various processes and operations.

Desktop Videoconferencing Systems

Technology platforms that enable individuals to engage in face-to-face meetings via their computers or desktop devices, typically incorporating audio and visual components.

Organizational Members

Individuals who are part of an organization and contribute to its culture, goals, and functioning.

External Stakeholders

Individuals or groups outside of an organization who are affected by its activities and decisions, such as customers, suppliers, investors, and the community.