In the Simple Circular Flow Model, the Funds Received by a Carmaker

question 14

Multiple Choice

In the simple circular flow model, the funds received by a carmaker when it sells a car goes to

• A) the workers who helped build the car.
• B) the owners of firms who sold materials to the carmaker, and the rest stays with the firm.
• C) only the owners of the carmaker.
• D) the owners of all of the resources used to make the car.

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Definitions:

Minimum Amount

The smallest quantity or value allowed or required under specific conditions or for a specific operation or transaction.

Dual-voltage Power Supply

A power supply unit that can accommodate two different voltages, allowing it to be compatible with different electrical standards in various countries or with devices requiring different voltages.

KVM Switch

Keyboard, Video, and Mouse switch; a device that allows a user to control multiple computers from a single keyboard, monitor, and mouse setup, thereby saving space and reducing the need for additional peripherals.

Volt Amps

A unit of measurement for electrical power in an AC circuit, reflecting the apparent power used by electrical equipment.