In the Circular Flow Diagram, Households Demand ________ and Supply

question 129

Multiple Choice

In the circular flow diagram, households demand ________ and supply ________.

• A) labor; labor
• B) goods; services
• C) goods and services; labor
• D) labor; goods and services

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Definitions:

Fast-Food Restaurant

A dining establishment that serves quickly prepared food items, typically through counter service or drive-through facilities.

Fruits And Vegetables

Natural food sources primarily consisting of plant-based materials, which are key components of a healthy diet, offering a wide range of vitamins and minerals.

Cognitive System

The ensemble of mental processes and structures involved in perception, thinking, reasoning, and understanding.

Selective Attention

This cognitive process involves focusing on specific relevant information in the environment while ignoring other irrelevant information.